EPIC RESEARCH MCX Nickel UPDATE OF 19 November 2018

Nickel trading range for the day is 802.6-830.2.


* Nickel prices gained on signs of some easing in the trade war between the United States and China.


* Nickel inventories in the Shanghai bonded areas shrank 1,000 mt, or 3.3% from a week earlier to stand at 29,500 mt as of Friday November 16, data showed.


* Some 600 mt in metal content of high-grade NPI output will be affected in November as the second round of national environmental review extended.

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