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Last Updated : Aug 04, 2020 02:14 PM IST | Source: PTI

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for August delivery traded lower by Rs 2.40, or 0.23 percent, to Rs 1,059.50 per kg with a business turnover of 1,820 lots.

PTI

Nickel prices on Tuesday fell by 0.23 percent to Rs 1,059.50 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for August delivery traded lower by Rs 2.40, or 0.23 percent, to Rs 1,059.50 per kg with a business turnover of 1,820 lots.

Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.
First Published on Aug 4, 2020 02:05 pm
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