Wednesday, 17 May 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 17 MAY 2017

Nickel trading range for the day is 574.8-596.4. Nickel prices dropped as concern seen with China's growth which took a step back in April after a surprisingly strong start to the year. Philippine nickel miners are looking for a strong rebound in nickel production this year with newly appointed Environment Secretary. China's growth is set for its weakest patch since the global financial crisis as authorities pull back on the stimulus.

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