EPIC RESEARCH MCX NICKEL UPDATE OF 22 JANUARY 2018

Nickel trading range for the day is 776.3-828.5. Nickel prices gained buoyed by the first acceleration in China's GDP growth in seven years. The global nickel market deficit narrowed to 8,400 tonnes in November from 11,500 tonnes in the previous month, the International Nickel Study Group said. Data showed economic growth in China, the world's biggest metals consumer, accelerated for the first time in seven years.

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