Nickel futures slide on muted demand

Mar 30, 2020, 12:17 IST

New Delhi, Mar 30 () 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. VHP SHWSHW

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)