EPIC RESEARCH MCX NICKEL UPDATE OF 28 JULY 2016

Posted by Unknown on 11:49:00 with No comments
Nickel trading range for the day is 681.6-707.2.
Nickel drop to hold below 700 level as sentiment soured in China and pressure seen Beijing officials warned about asset bubbles              
China's manufacturing sector struggled for growth in July, adding to expectations that Beijing will step up measures to boost growth.  
Nickel imports in China have surged by 189% to a record 226,100 mt in the first half of the year.


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