New Delhi, Jan 17 (PTI) Nickel prices on Monday rose 0.15 per cent to Rs 1,634 per kg in the futures trade as speculators built up fresh positions amid rising demand from alloy makers in the spot market.
On the Multi Commodity Exchange, nickel contracts for the January delivery gained Rs 2.50, or 0.15 per cent, to Rs 1,634 per kg in a business turnover of 3,053 lots.
A rise in demand in the spot market from alloy makers supported the price rise in nickel futures, analysts said. PTI RUJ RUJ HRS hrs