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Wednesday 27 February 2019

EPIC RESEARCH MCX Nickel UPDATE OF 27 February 2019



Nickel trading range for the day is 905.1-924.3.

* Nickel settled flat on expectations of a trade agreement between Washington and Beijing.

* The global nickel market was mostly balanced in December compared to a deficit of 5,800 tonnes in November.

* U.S. President Donald Trump confirmed he would delay a planned tariff increase on Chinese imports as talks between the two sides were making "substantial progress"


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