EPIC RESEARCH MCX Nickel UPDATE OF 31 AUGUST 2018

Nickel trading range for the day is 923.6-959.2.

Nickel prices ended with losses as risk aversion eased, the market expects to see limited upward momentum.

Indonesia will extend a special mining permit for PT Freeport Indonesia for another month to September, Energy and Mineral Resources Minister Ignasius Jonan told.

The eurozone economic sentiment index fell to a one-year low of 111.6 in August from 112.1 in July, data from the European Commission showed.

Warehouse stock for Nickel at LME was at 240678mt that is up by 12mt.

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