EPIC RESEARCH MCX NICKEL UPDATE OF 19 MAY 2017

Nickel trading range for the day is 575.5-605.9.Nickel prices gained more that 1.5% despite investors shunned risk and bet on rising supply from Indonesia and Philippines.Metals prices found little support from data that showed Chinese real-estate prices climbed in April. Demand for industrial metals expected to slow in China amid renewed focus on consumption.

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