EPIC RESEARCH MCX NICKEL UPDATE OF 09 MARCH 2017

Posted by aditi on 11:14:00 with No comments
Nickel trading range for the day is 652.9-726.3. Nickel prices dropped as pressure continues on expectations Philippines may soften mine closure plans. BMI expects refined nickel prices to ease over a three-to-nine month horizon, as Indonesia resumes exports and as major nickel mines in the Philippines. Philippine President Rodrigo Duterte said he hopes there will be a "happy compromise" between the mining industry and protecting the environment.

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