Nickel prices shed 0.07 percent to Rs 889.50 per kg in futures trading on March 19 as speculators reduced their exposure, taking negative cues from the spot market on muted demand from alloy-makers.
At the Multi Commodity Exchange, nickel for delivery in March fell by 60 paise, or 0.07 percent to Rs 889.50 per kg in business turnover 1,369 lots.
Market analysts said cutting down of positions by traders owing to slackened demand from alloy-makers in the physical market attributed the slide in nickel prices at futures trade.
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