Furthermore, tepid demand from consuming industries particularly alloy-makers at the domestic spot markets, weighed on the prices.
At the Multi Commodity Exchange, nickel for delivery in September was down by 60 paise, or 0.09 per cent, to Rs 702.50 per kg, in a business turnover of 1,625 lots.
In a similar fashion, the metal for delivery in October eased by 50 paise, or 0.078 per cent, to Rs 708.10 per kg in 240 lots.
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