EPIC RESEARCH MCX NICKEL UPDATE OF 20 July 2018

Nickel trading range for the day is 897.3-943.3.

* Nickel dropped as prices remained under pressure amid fears that an escalating trade spat between US and China could hit demand, particularly if Chinese growth is affected.

* ale Indonesia Q2 nickel in matte production at 18,893 tonnes versus 20,107 tonnes in Q2 2017

* The US housing starts tumbled 12.3% to a seasonally adjusted annual rate of 1.17 million units in June, the lowest level since September 2017.

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