NEW DELHI, July 4: Supported by pick up in demand at domestic spot market, nickel prices edged up by 0.66 per cent to Rs 991 per kg in futures market today as speculators built up fresh positions.
At the Multi Commodity Exchange, nickel for delivery in July traded higher by Rs 6.50, or 0.66 per cent to Rs 991 per kg in business turnover of 2,534 lots.
On similar lines, the metal for delivery in August contracts gained Rs 5.60, or 0.57 per cent to Rs 994.70 per kg in 90 lots.
Analysts said fresh positions created by participants due to upsurge in demand from alloy-makers in the physical market mainly influenced nickel prices at futures trade. (PTI)
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