Wednesday, 19 October 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 19 Oct 2016

Nickel trading range for the day is 685.3-702.1.
Nickel ended with gains as prices found support from data that showed a drop in mine supply.
Certainly the demand environment has improved drastically over the course of 2016.
The global nickel market returned to balance in August, industry data showed, although a deficit for the first eight months could widen further.


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