Nickel prices moved up by Rs 7.20 to Rs 901 per kg in futures market today following pick up in demand from alloy-makers in the spot market.
At the Multi Commodity Exchange, the nickel contract gained Rs 7.20, or 0.81%, to Rs 901 per kg in business turnover of 7,888 lots.
The August contract traded higher by Rs 6.50, or 0.72%, to Rs 911 per kg in 677 lots.
Analysts said pick up in demand from alloy-makers in the spot market mainly helped nickel prices to trade higher at futures trade.
