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Base Metals: Nickel edges up, copper trades lower in

futures trade

Nickel prices on Thursday edged up by Rs 2.20 to Rs 956 per kg in futures trade as speculators built positions on

rising demand from alloy-makers in spot market.

On the Multi Commodity Exchange, nickel contracts for February delivery gained Rs 2.20, or 0.23 per cent, to Rs

956 per kg in a business turnover of 4,681 lots.

Similarly, the metal for March delivery traded higher by Re 1, or 0.10 per cent, at Rs 957 per kg in a business

turnover of 118 lots.

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