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Nickel futures slide on tepid demand

October 29, 2020 by admin 0 Comments

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New Delhi: Nickel prices on Thursday fell by 0.32 per cent to Rs 1,170.70 per kg in futures trade after participants offloaded their positions amid weak demand in spot market. On the Multi Commodity Exchange, nickel contracts for November delivery traded lower by Rs 3.80, or 0.32 per cent, to Rs 1,170.70 per kg with a business turnover of 2,262 lots.
Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.

This article was originally published by Indiatimes.com. Read the original article here.