EPIC RESEARCH MCX NICKEL UPDATE OF 08 SEPTEMBER 2017

Nickel trading range for the day is 759.9-793.5.Nickel prices looks to trade with positive intent as China’s steel prices gathered steam.Nickel ore exports from the Philippines are estimated at 4.77 million wet tonnes in August, largely flat at July’s level. LME nickel net long positions held by money managers dropped in the week ending Sept. 1, according to LME report.

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