EPIC RESEARCH MCX NICKEL UPDATE OF 07 FEBRUARY 2018

Nickel trading range for the day is 841-878.4.Nickel dropped as "risk off" sentiment soured share markets and safe-haven buying lifted the dollar. LME nickel inventory fell for the 10th consecutive trading day to 349,476 mt as of Tuesday February 6, marking the lowest level since late September 2014.Nickel inventory at SHFE was lower for three weeks in a row, at 56,194 mt.

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