At the Multi Commodity Exchange, nickel for delivery in June month was trading Rs 2.70, or 0.44 per cent, down at Rs 616.90 per kg in a business turnover of 43 lots.
The metal for delivery this month also shed Rs 2.40 or 0.39 per cent, to Rs 611.60 per kg in a turnover of 959 lots.
Analysts attributed the fall in nickel prices in futures trade mostly to a weakening trend in base metals at the domestic spot markets due to easing demand.
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