EPIC RESEARCH MCX NICKEL UPDATE OF 16 July 2018

Nickel trading range for the day is 938.7-978.7.

* Nickel prices dropped as trade tensions between the United States and China rumbled on.

* Nickel ore inventory across all Chinese ports increased 310,000 wmt from a week ago to 9.49 million wmt as of Friday July 13, data showed.

* A trade war between Washington and Beijing has raised concerns over demand in top industrial metals consumer China.

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