EPIC RESEARCH MCX NICKEL UPDATE OF 23 July 2018

Nickel trading range for the day is 910.2-942.8.

* Nickel prices gained as fundamentals remain robust on low inventories and firm prices of stainless steel.

* The global nickel market deficit widened to 15,400 tonnes in May from a revised deficit of 14,700 tonnes in the previous month, INSG said.

* Nickel ore inventory across all Chinese ports increased by 360,000 wmt from a week ago to 9.85 million wmt as of Friday July 20, data showed.

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