EPIC RESEARCH MCX NICKEL UPDATE OF 03 AUGUST 2017

Nickel trading range for the day is 647.6-665. Nickel prices gained on worries about supplies from the Philippines, which is cracking down on mining pollution. Indonesian ore shipments could rise after the government recommended two companies be issued nickel export permits. China’s total nickel ore port inventories are estimated to grow 50,000 tonnes on a weekly basis.

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