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Nickel futures down Rs 2.60/kg on low spot demand

Press Trust of India  |  New Delhi 

futures fell by Rs 2.60 to Rs 937.60 per kg Tuesday after participants cut down their holdings amid subdued domestic demand.

In futures trading at the Multi Commodity Exchange,for delivery in October declined by Rs 2.60, or 0.28 per cent to Rs 937.60 per kg in a business turnover of 30,633 lots.

The fall was in line with a weak trend at the domestic spot markets due to muted demand from alloy-makers, traders said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 09 2018. 11:55 IST