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Nickel Futures Fall On Sluggish Demand

Investing News Network
Aug. 28, 2012 02:30PM PST
Base Metals Investing

Economic Times reported amid a weak trend at the London Metal Exchange and sluggish spot demand, nickel futures prices fell by 0.58 per cent to Rs 932.50 per kg today.

Economic Times reported amid a weak trend at the London Metal Exchange and sluggish spot demand, nickel futures prices fell by 0.58 per cent to Rs 932.50 per kg today.

As quoted in the market news:

At the Multi Commodity Exchange, nickel for delivery in November fell by Rs 5.40, or 0.58 per cent, to Rs 932.50 per kg, with a business turnover of 25 lots.

Likewise, the metal for delivery in August declined by Rs 3, or 0.33 per cent, to Rs 910.20 per kg, with a business turnover of six lots.

Click here to read the full Economic Times report.

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