At the Multi Commodity Exchange, nickel for delivery in January was trading lower by Rs 3.50, or 0.44 per cent, at Rs 787.40 per kg in a business turnover of 812 lots.
The metal for delivery in February also lost Rs 3, or 0.38 per cent, to Rs 792.20 per kg in a turnover of 17 lots.
Analysts said, the fall in metal in futures trade was mostly due to low demand from alloy-makers.
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