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Wednesday 20 February 2019

EPIC RESEARCH MCX Nickel UPDATE OF 20 February 2019

Nickel trading range for the day is 879.2-909.2.

* Nickel prices gained as US-China trade optimism and sharp decline in dollar buoyed prices.

* Better-than-expected Chinese lending data meanwhile suggested that demand from the world’s biggest consumer of metals will remain strong.

* Chinese Vice Premier Liu He will visit Washington on Thursday and Friday to continue trade negotiations with the United States, the Commerce Ministry in Beijing said.

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