Nickel prices traded marginally higher by Rs 2.90 to Rs 922 per kg in futures trade today as speculators created fresh positions, taking a positive cues from overseas markets.
At the Multi Commodity Exchange, nickel for delivery in January rose by Rs 2.90, or 0.32%, to Rs 922 per kg in business turnover of 12 lots.
The December contract edged up by 20 paise, or 0.02%, to Rs 910.60 per kg in 41 lots.
Market analysts said fresh buying by speculators in tandem with a firm global trend led to the rise in nickel futures.
Meanwhile, nickel advanced 0.2% at $16,965 a tonne on the London Metal Exchange.
