Nickel futures slide on tepid demand
On Multi Commodity Exchange, nickel contracts for March delivery traded 0.63% lower at Rs 1,152.30 per kg.
By PTI |
ETAuto
NEW DELHI: Nickel prices fell 0.63 per cent to Rs 1,152.30 per kg in futures trade on Friday after participants offloaded their positions amid weak demand in spot market.
On the Multi Commodity Exchange, nickel contracts for March delivery traded lower by Rs 7.30, or 0.63 per cent, to Rs 1,152.30 per kg with a business turnover of 2,148 lots.
Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.
On the Multi Commodity Exchange, nickel contracts for March delivery traded lower by Rs 7.30, or 0.63 per cent, to Rs 1,152.30 per kg with a business turnover of 2,148 lots.
Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.
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