EPIC RESEARCH MCX Nickel UPDATE OF 04 September 2018

Nickel trading range for the day is 897.7-921.3.

* Nickel recovered on short covering after pressure seen as after large amount of Norilsk nickel entered the domestic market while downstream demand dropped.

* LME nickel prices traded at $12,790 a tonne, having dipped to the weakest since late January, and extending Friday's 3.7 percent slide.

* China is still determined to reform and wants to work with all parties to build an open world economy, reiterating Beijing's message amid a bitter trade war with Washington.


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