Mumbai:Nickel slumps in laid-back trade

Apr 22 2016 04:56 PM
Mumbai:Nickel slumps in laid-back trade

Mumbai:Nickel prices slumped in an otherwise lacklustre non-ferrous metal market here today on sustained stockists selling amid lower demand from alloy industries.

Meanwhile, choose copper prices edged up on mild offtake from industrial consumers. Nickel prices clear-cut by Rs 8 per kg to Rs 720 from Thursday's close at Rs 728.

Although, copper cable slip moved up by Rs 2 per kg to Rs 388 from yesterday's shut Rs 386.

Copper bit weighty and copper armature inched up by a Re per kg each to Rs 382 and Rs 375, respectively.

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