Latest News | Nickel Futures Edge Higher on Rising Demand
Get latest articles and stories on Latest News at LatestLY. Nickel prices rose 0.03 per cent to Rs 1,806.50 per kg in the futures trade on Friday, as speculators built up fresh positions amid rising demand from alloy makers.
New Delhi, Feb 18 (PTI) Nickel prices rose 0.03 per cent to Rs 1,806.50 per kg in the futures trade on Friday, as speculators built up fresh positions amid rising demand from alloy makers.
On the Multi Commodity Exchange, nickel contracts for the February delivery gained 60 paise, or 0.03 per cent, to Rs 1,806.50 per kg in a business turnover of 2,403 lots.
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A rise in demand in the spot market from alloy makers mainly supported nickel futures, analysts said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)