EPIC RESEARCH MCX NICKEL UPDATE OF 17 NOVEMBER 2017

Nickel trading range for the day is 719.9-776.3.Nickel slipped again nearly -2.5% on speculation that an expected electric vehicle boom would drive up demand.Pressure seen as weak economic data in China earlier this week has sparked some concerns about demand for stainless steel and nickel in coming month.Finland's Terrafame nickel mine is planning to start producing material for electric vehicle batteries by 2020, the company said.

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