Thursday, 15 February 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 15 FEBRUARY 2018

Nickel trading range for the day is 844.9-927.7. Nickel prices rallied supported by a combination of surging China imports, tighter supply and fund interest. Nickel ore exports from the Philippines and Indonesia are expected to rise in February due to better weather condition in both countries. China produced 10,200 mt of refined nickel in January, down 15.8% from the same month last year, data showed.

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