EPIC RESEARCH MCX NICKEL UPDATE OF 4 JULY 2016

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Nickel trading range for the day is 629.4-695.    
Nickel gained on concern about developments in Philippines, the biggest supplier of nickel ore to China.        
The new mining minister, a committed environmentalist, announced plans on Friday to review all mines operating in the country.              
China’s official manufacturing PMI came in at 50.0 last month from 50.1 in May, in line with expectations.

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