Nickel For Delivery in July Declined by Rs 1.80

At the Multi Commodity Exchange, nickel for delivery in July declined by Rs 1.80, or 0.17 per cent, to Rs 1,071.40 per kg, with a business turnover of 3,259 lots.

Nickel prices traded lower by Rs 1.80 to Rs 1,071.40 per kg in futures trade today as speculators reduced their positions on the back of a weakening global trend.

Similarly,the metal for delivery in August shed Rs 1.50, or 0.14 per cent, to Rs 1,079.90 per kg, with an open interest of 251 lots.

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