EPIC RESEARCH MCX NICKEL UPDATE OF 29 JANUARY 2018

Nickel trading range for the day is 841.4-894.2. Nickel gained on a softer dollar and steadily declining inventories in London Metal Exchange-approved warehouses.Prices also seen supported as stainless steel mills continued to restock ahead of the Chinese New Year holiday. Customs data showed that China’s refined nickel imports grew by 116 percent year on year last month.

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