EPIC RESEARCH MCX NICKEL UPDATE OF 23 DECEMBER 2016

Nickel trading range for the day is 711.1-741.7. Nickel dropped as investors locked in profits tracking LME nickel prices slipped 1.2 percent to $10,730 a tonne. China's imports of nickel fell by double-digit percentages in November customs data showed. Nickel premiums have climbed by $5 to $145 for bonded China metal and by $10 to $150 for metal on a cost insurance and freight basis to China.



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