Nickel futures slide on tepid demand
On the Multi Commodity Exchange, nickel contracts for June delivery traded down by Rs 5.60, or 0.6 percent, to Rs 924.70 per kg with a business turnover of 1,434 lots.
by PTINickel prices on Friday fell 0.6 percent to Rs 924.70 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.
On the Multi Commodity Exchange, nickel contracts for June delivery traded down by Rs 5.60, or 0.6 percent, to Rs 924.70 per kg with a business turnover of 1,434 lots.
Analysts said subdued demand in spot market mainly led to fall in nickel prices.
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