Business Standard reported that Nickel prices dropped 0.30% to INR 865.70 per kg in futures trade June 10th 2013 as speculators reduced their holdings on sluggish demand from alloy makers in the spot market and a weak trend overseas.
At the Multi Commodity Exchange, nickel for delivery in July dropped by INR 3, or 0.30%, to INR 865.70 per kg in a business turnover of 57 lots.
Similarly, nickel for delivery in current month June shed 50 paise, or 0.06% to INR 863.20 per kg in a turnover of 1,378 lots.