Spot demand lifts nickel futures : 09/10/2018
Spot demand lifts nickel futures
09/10/2018 13:06
Nickel futures were trading higher in the domestic market on Tuesday on the back of rising demand from alloy makers at spot markets.
Analysts attributed rise in nickel prices at futures trade to rising demand from alloy makers at domestic spot markets.
At the MCX, nickel futures for October 2018 contract is trading at Rs 950.80 per kg, up by 1.51 per cent, after opening at Rs 942.00, against a previous close of Rs 936.70. It touched the intra-day high of Rs 951.00 (at 13: 00 hours).
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Spot demand lifts nickel futures
09/10/2018 13:06
Nickel futures were trading higher in the domestic market on Tuesday on the back of rising demand from alloy makers at spot markets.
Analysts attributed rise in nickel prices at futures trade to rising demand from alloy makers at domestic spot markets.
At the MCX, nickel futures for October 2018 contract is trading at Rs 950.80 per kg, up by 1.51 per cent, after opening at Rs 942.00, against a previous close of Rs 936.70. It touched the intra-day high of Rs 951.00 (at 13: 00 hours).