Press Trust of India reported that nickel prices rose by 0.06% to INR 955 per kg in futures trading on January 11, 2013. At the Multi Commodity Exchange, nickel for delivery in January rose by 60 paise, or 0.06% to INR 955 per kg in business turnover of 512 lots. The February contract traded higher by 40 paise, or 0.03% to INR 955 per kg in 29 lots. Market analysts said demand at the spot markets from alloy makers and a firming trend overseas, helped nickel futures to trade higher.

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