On the Multi Commodity Exchange, nickel contracts for February delivery fell by Rs 5.20, or 0.57 per cent, to Rs 907 per kg with a business turnover of 9 lots.
Similarly, nickel contracts for March delivery dropped by Rs 11.20, or 1.22 per cent, to Rs 909.90 per kg in 3,251 lots.
Analysts said subdued demand at spot market mainly led to fall in nickel prices here. VHP SHWSHW