EPIC RESEARCH MCX Nickel UPDATE OF 26 March 2019

Nickel trading range for the day is 877.5-894.9.

Nickel dropped as weak European and U.S. factory data spread gloom about the global economic outlook and strengthened the dollar.

European data showing factory activity contracted at the fastest pace in nearly six years.

The U.S. Commerce Department has found China unfairly subsidized steel wheels exported to the United States and sold them at prices below fair value.

Warehouse stock for Nickel at LME was at 184260mt that is down by -1098mt.

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