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Nickel futures fall 0.09% on muted demand

Press Trust of India  |  New Delhi 

prices fell 0.09 per cent to Rs 849.90 per kg Friday after traders trimmed their holdings amid easing demand at the spot market.

On the Multi Commodity Exchange, for the May contracts was trading lower by Rs 6.80, or 0.09 per cent, at Rs 849.90 per kg in a business volume of 10,650 lots.

Marketmen said, offloading of positions by participants due to muted demand from alloy makers at the spot market weighed on prices here.

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

First Published: Fri, May 17 2019. 14:31 IST