Nickel futures slide on tepid demand

New Delhi, June 18 (PTI) Nickel prices on Thursday fell 0.03 per cent to Rs 978.90 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for June delivery traded down by 30 paise, or 0.03 per cent, to Rs 978.90 per kg with a business turnover of 1,915 lots.

Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices. PTI SHW RUJ RUJ