EPIC RESEARCH MCX NICKEL UPDATE OF 22 SEPTEMBER 2017

Nickel trading range for the day is 666.7-736.1. Nickel dropped tracking LME prices ended down 3.3 percent at $11,005 a tonne amid hawkish comments from the US central bank.Global demand for refined nickel was 182,500 tonnes in July, exceeding production of 177,800 tonnes. Shanghai Futures Exchange raises transaction fee for January 2018 nickel.

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