On the Multi Commodity Exchange, nickel contracts for March delivery fell by Rs 37.40, or 3.88 per cent, to Rs 927.60 per kg with a business turnover of 2,787 lots.
Similarly, nickel contracts for April delivery slumped by Rs 37.90, or 3.93 per cent, to Rs 927.50 per kg in 77 lots.
Analysts said subdued demand in spot market mainly led to fall in nickel prices here. VHP RUJRUJ