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Nickel futures fall 0.09% over muted demand

Business Finance

Press Trust of India  |  New Delhi 

Nickel prices fell 0.09 per cent to Rs 876 per kg Thursday after traders trimmed their holdings amid easing demand at the spot market.

At the Multi Commodity Exchange, the February contract of nickel was trading lower by 80 paise, or 0.09 per cent, at Rs 876 per kg in a business volume of 1,276 lots.

Marketmen said offloading of positions by participants due to slackened demand from alloy makers at the spot market weighed on nickel futures here.

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

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First Published: Thu, February 14 2019. 11:35 IST