Press Trust of India reported that nickel futures rose by INR 11.60 to INR 981 per kg on January 3, 2013
At the Multi Commodity Exchange, the February contract rose by INR 11.60, or 1.20% to INR 981 per kg in 723 lots.
The January contract traded higher by INR 11.40, or 1.18% to INR 974 per kg in 10,728 lots.
Analysts said increased buying by speculators, pick-up in demand from alloy makers and higher overseas advices pushed up nickel futures.
Source:
http://www.steelguru.com/stainless_steel_news/Nickel_up_12_percent_on_higher_overseas_advices/297164.html
