Breaking News

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

24-May2018

Nickel futures edge lower on weak demand

Nickel futures edged lower on MCX as participants offloaded their holdings amid weak demand from alloy-makers and other consuming industries at the spot market.

The contract for May delivery was trading at Rs 993.70, down by 0.23% or Rs 2.30 from its previous closing of Rs 996.00. The open interest of the contract stood at 7136 lots.

The contract for June delivery was trading at Rs 998.50, down by 0.18% or Rs 1.80 from its previous closing of Rs 1000.30. The open interest of the contract stood at 2640 lots on MCX.


Related News

View all news

Barley futures trade higher on good demand

Barley futures traded higher on NCDEX, as the participants increased their buying due to good demand from beer making industries amid low stocks position due to fall in supplies.The contract for November......

Nickel futures edge higher on improved demand

Nickel futures edged higher on MCX as participants built up fresh positions, tracking improved demand at the spot market. Further, a firming global trend also fuelled the uptrend.The contract for October......

Barley futures trade higher on good demand

Barley futures traded higher on NCDEX, as the participants increased their buying due to good demand from beer making industries amid low stocks position due to fall in supplies.The contract for November......

Top News

View all news

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated 'Ashiana Umang' as 'Best Themed Project' and the company's website as the 'Best Real Estate Website of the year'.Ashiana Umang......

Tata Power inaugurates second 'All-women' CRC in Mumbai

Tata Power has inaugurated its second 'All Women' Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new......

McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports.Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the......