Nickel prices traded higher by Rs 6.60 to Rs 906.70 per kg in futures trading today due to the pick up in demand from alloy-makers in the spot market.
At the Multi Commodity Exchange, nickel for delivery in August rose by Rs 6.60, or 0.37%, to Rs 906.70 per kg, with a business turnover of 3,944 lots.
July nickel traded higher by Rs 1.90, or 0.21%, to Rs 895 per kg in 3,797 lots.
Marketmen said pick up in demand from alloy-makers in the spot market led to the rise in nickel futures.
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