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Tuesday 12 March 2019

EPIC RESEARCH MCX Nickel UPDATE OF 12 March 2019



Nickel trading range for the day is 882.8-926.8.

* Nickel dropped on profit booking as surprisingly weak U.S. employment data raised doubts about the strength of the global economy.

* Shanghai-bonded nickel stocks decline as low domestic inventories drive deliveries

* Data showed US employers hired far fewer workers than estimates in February, although the jobless rate fell and wages grew more than expected.


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