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Nickel Futures Down 1.39% on Sluggish Demand

Investing News Network
Feb. 23, 2011 01:30PM PST
Base Metals Investing

Business Standard reports that nickel decreased 0.5 per cent to $28,500 per tonne at the London Metal Exchange.

Business Standard reports that nickel decreased 0.5 per cent to $28,500 per tonne at the London Metal Exchange.

The market news is quoted as saying:

Market analysts said weak trend in the base metals at the London Metal Exchange on concerns that rising geo-political tensions may affect the global economic recovery, mainly put pressure on the nickel futures prices here.

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