Nickel futures gain on spot demand
Apr 3, 2020, 13:40 IST
New Delhi, Apr 3 () Nickel prices on Friday gained 0.29 per cent to Rs 867.40 per kg in futures trade as speculators built positions on rising demand from alloy-makers in spot market.
On the Multi Commodity Exchange, nickel contracts for April delivery gained Rs 2.50, or 0.29 per cent, to Rs 867.40 per kg in a business turnover of one lot.
Advertisement
Rising demand in the spot market from alloy-makers mainly supported price rise in nickel futures, analysts said. SHW SHW RUJRUJ(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)