EPIC RESEARCH MCX NICKEL UPDATE OF 08 DECEMBER 2017

Nickel trading range for the day is 685.4-725.Nickel prices gains as support seen after Brazilian miner Vale SA dialed back its nickel output forecasts for the next five years.Vale lowers its nickel output in 2018 by 15% to 263,000 tons and claims its nickel mine New Caledonia is still seeking investors. Colombian output of nickel rose in the third quarter from a year ago.




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