Wednesday, 4 July 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 04 July 2018

Nickel trading range for the day is 963.5-1022.7.

Nickel dropped on worries about global growth due to a trade spat between the United States and China.

Philippine President Rodrigo Duterte said he would soon halt mining in the Southeast Asian nation because of the environmental damage it has caused.

As affected nickel pig iron output is set to resume gradually and demand from stainless steel slows down.
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