EPIC RESEARCH MCX Nickel UPDATE OF 18 April 2019

Nickel trading range for the day is 878.7-917.5.

* Nickel prices remained supported after recent signs the global economy is likely to avoid a sharper downturn.

* China’s fiscal spending increased 15 percent during January-March from year ago levels to support economic growth.

* Vale Indonesia Q1 2019 nickel matte output down 24 pct, revises target

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