Nickel prices were up by 0.36 per cent to Rs 903.60 per kg in futures trading today as speculators created fresh positions, taking positive cues from spot market.
At the Multi Commodity Exchange, nickel for delivery in October traded higher by Rs 3.20, or 0.36 per cent to Rs 903.60 per kg in business turnover of 1,791 lots.
Likewise, the metal for delivery in November gained Rs 3, or 0.33 per cent to Rs 911 per kg in 344 lots.
Analysts said fresh positions built up by speculators supported by rising demand from alloy-makers at spot markets, mainly led to rise in nickel prices at futures trade.
