EPIC RESEARCH MCX NICKEL UPDATE OF 08 DECEMBER 2016

Nickel trading range for the day is 749.8-804.6. Nickel dropped on profit booking tracking LME prices fell 1.7 percent to $11,410 after prices seen supported on Philippines mines update Philippines' output of nickel ore fell 16 percent in the third quarter from a year earlier, government data showed. Output of nickel ore for direct shipping fell to 9.34 million tonnes in July-September from 11.09 million tonnes in the same period last year.

For MCX TIPS ✆ – 0731-6642300
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