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Nickel futures slide on tepid demand


On the Multi Commodity Exchange, nickel contracts for July delivery traded down by Rs 2.20, or 0.23 percent, to Rs 972.80 per kg with a business turnover of 1,507 lots.

Nickel prices on Wednesday fell 0.23 percent to Rs 972.80 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for July delivery traded down by Rs 2.20, or 0.23 percent, to Rs 972.80 per kg with a business turnover of 1,507 lots.

Analysts said subdued demand ...


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