EPIC RESEARCH MCX Nickel UPDATE OF 23 August 2018

Posted by Commodity Updates by Epic Research on 11:37:00 with No comments

Nickel trading range for the day is 932.1-956.7.

* Nickel prices seen supported due to shrinking inventories and upbeat fundamentals front.

* China's top steelmaking city Tangshan said it will enforce emergency pollution-reduction measures on Tuesday till Aug. 27

* China imported 6.03 million wmt of nickel ore in Jul, up 4% on the month.

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