EPIC RESEARCH MCX NICKEL UPDATE OF 30 NOVEMBER 2017

Nickel trading range for the day is 717.7-745.9.Nickel prices continuous to drop on concerns over the prospect of slowing Chinese demand. Brightening spot market conditions signal that mainstay usage in the steel industry is still one of the most important drivers for nickel prices.The battery sector overlays on a really positive market outlook for nickel, and it’s forecast to be transformational from 2020 onwards.

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