EPIC RESEARCH MCX NICKEL UPDATE OF 28 FEBRUARY 2017

Nickel trading range for the day is 717.7-743.9. Nickel prices gained as Philippines' environment minister said on Monday that she stands by her decision to shut more than half the country's operating mines. The demand-side was upbeat for metals out of the United States and China. New U.S. single-family home sales rose less than expected in January, likely held back by heavy rains and flooding in California.

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