EPIC RESEARCH MCX NICKEL UPDATE OF 20 MARCH 2017

Nickel trading range for the day is 661.6-678.8. Nickel prices gained as support seen as the Philippines has repeatedly indicated that it will slash output. A Philippine nickel ore producer plans to reopen two mines suspended for environmental violations while it awaits the outcome of an appeal. Lopez has said affected companies can appeal their case with the environment agency or with President Rodrigo Duterte and operate while awaiting a decision.

For MCX TIPS ✆ – 0731-6642300

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