Moneycontrol
Last Updated : Jul 01, 2020 02:15 PM IST | Source: PTI

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for July delivery traded down by Rs 2.20, or 0.23 percent, to Rs 972.80 per kg with a business turnover of 1,507 lots.

PTI
Representative image
Representative image

Nickel prices on Wednesday fell 0.23 percent to Rs 972.80 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for July delivery traded down by Rs 2.20, or 0.23 percent, to Rs 972.80 per kg with a business turnover of 1,507 lots.

Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.
First Published on Jul 1, 2020 02:08 pm
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