NEW DELHI, Sept 16: Nickel futures prices today dropped 0.87 per cent to Rs 663 per kg as speculators locked in gains amid a weak trend overseas.
At Multi Commodity Exchange, nickel prices for delivery in September dropped Rs 6.40, or 0.87 per cent, to Rs 663 per kg in a business turnover of 332 lots.
Metal prices for delivery in October contracts fell Rs 5.70, or 0.84 per cent, to trade at Rs 670.80 per kg in a turnover of 28 lots.
Market analysts said besides profit-booking, a weak trend in base metals overseas and worries over China’s economic slowdown kept pressure on nickel futures. (PTI)
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