Breaking News

You are here » Indian-Commodity  :  Commodities  :  Other Commodities  :  Nickel futures edge lower on easing demand

26-Jul2017

Nickel futures edge lower on easing demand

Nickel futures edged lower on MCX as participants cut down their bets amid easing demand from alloy-makers and other consuming industries in the domestic spot market.

The contract for July delivery was trading at Rs 635.70, down by 1.12% or Rs 7.20 from its previous closing of Rs 642.90. The open interest of the contract stood at 17638 lots.

The contract for August delivery was trading at Rs 640.70, down by 1.08% or Rs 7.00 from its previous closing of Rs 647.70. The open interest of the contract stood at 7594 lots on MCX.


Related News

View all news

Barley futures trade marginally lower on sluggish demand

Barley futures traded moderately lower on NCDEX, due to liquidation  of bets by participants tracking sluggish demand from consuming industriesThe contract for December delivery was trading at......

Barley futures trade lower on NCDEX

Barley futures traded lower on NCDEX, as market players liquidated their portfolios at prevailing higher levels. However, some losses remained capped with the concerns on production at high temperature......

Barley futures trade moderately higher on supply crunch

Barley futures traded moderately higher on NCDEX, due to frantic buying by retailers and stockists as the ongoing supply crunch intensifies. As per reports, barley rates have climbed 15-20% in the last......

Top News

View all news

Patels Airtemp receives settlement notice from SEBI

Patels Airtemp (India) has received from SEBI, Summary Settlement Notice vide its Letter dated December 12, 2018 for settlement amount of Rs 3,68,156 against violation of Regulation 7(2)(b) of SEBI (Prohibition......

IndiGo in initial discussion with Qatar, Turkish Airlines for global expansion: Report

In order to increase its global footprint, InterGlobe Aviation (IndiGo) is reportedly in preliminary discussion with Qatar Airways and Turkish Airlines. The Budget carrier is looking for interline and......

Talwalkars Lifestyles integrates with Growfitter

Talwalkars Lifestyles has integrated with Growfitter to introduce the country's first ever AI (Artificial Intelligence) based Incentivized Wellness Program. The Growfitter FITKIT Program is a technologically......