Nickel Futures Down 0.54 Percent on Global Cues

Indian Express reports at the London Metal Exchange, nickel declined 0.9 per cent to USD 28,500 per tonne.

The market news is quoted as saying:

Market analysts said weak trend in copper and other base metals at the London Metal Exchange on concern that more tightening measures by China, the largest consumer, may hurt demand and sluggish demand at domestic spot markets mainly dragged down nickel prices at futures trade here.

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