Nickel futures were trading lower during the afternoon trade in the domestic market on Tuesday due to fall in demand from consuming industries at the domestic spot markets.
Nickel prices dropped at futures trade mainly on account of decline in demand by alloy-makers in the spot market.
At the MCX, Nickel futures for June 2016 contract is trading at Rs 619.50 per kg, down by 0.67 per cent, after opening at Rs 619.50, against a previous close of Rs 623.70. It touched the intra-day low of Rs 617.80 (At 12:11 hours).
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