Nickel futures prices down 0.26%
At the Multi Commodity Exchange, nickel for delivery in October declined by Rs 2.40, or 0.26 per cent, to Rs 910 per kg, with a business turnover of 4,285 lots.
Likewise, the metal for delivery in November lost Rs 1.70, or 0.18 per cent, to Rs 918 per kg, with a business turnover of 390 lots.
Marketmen said weak demand from alloy-makers in the spot markets mainly led to the fall in nickel prices at futures trade but gains in base metals at the London Metal Exchange on the back of a better-than-expected ratail sales reported by
the US, capped the losses.
Be the first to comment.