Business Standard

Nickel futures slide on muted demand

Image

Press Trust of India New Delhi
Nickel prices on Monday fell 0.84 per cent to Rs 859.10 per kg in futures trade after participants offloaded their positions amid weak demand at spot market.
On the Multi Commodity Exchange, nickel contracts for April delivery traded down by Rs 7.30, or 0.84 per cent, to Rs 859.10 per kg with a business turnover of 1,233 lots.
Analysts said subdued demand in spot market mainly led to fall in nickel prices here.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2020 | 12:18 PM IST

Explore News