NEW DELHI: Nickel prices were up 0.06 per cent to Rs 1,435.90 per kg in the futures trade on Monday, as speculators built up fresh positions on rising demand from alloy makers in the spot market.
On the Multi Commodity Exchange, nickel contracts for the July delivery gained 90 paise, or 0.06 per cent, to Rs 1,435.90 per kg in a business turnover of 3,004 lots.
A rise in demand in the spot market from alloy makers mainly supported the price rise in nickel futures, analysts said.