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Last Updated : August 30, 2011 17:49
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MCX Nickel declines on sluggish demand

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MUMBAI (Commodity Online): Nickel futures feel in India tracking weak global cues amid sluggish demand from the spot markets.


At MCX Nickel August contract is trading at Rs.1003.90 per Kg, lower by 0.64% against the previous close.


In the early sessions the contract traded at a range of Rs. 1000.50-1010 per Kg and open interest of the contract is 2394 lots and volume traded is 15358 Kg.


Market analysts said sluggish demand from alloy-makers in the spot market mainly led to fall in Nickel prices in futures.

NCDEX POTATOFAQAUG12 17 August 2012 contract was trading at Rs 0 . What's your view on it?
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