New Delhi, Apr 16 (PTI) Nickel prices gained 0.44 per cent to Rs 908.90 per kg in futures trade today as speculators built up positions, supported by rising demand from alloy- makers in the spot market.

At the Multi Commodity Exchange, nickel for delivery in April moved up by Rs 4, or 0.44 per cent, to Rs 908.90 per kg, in a business turnover of 1,088 lots.

Similarly, the metal for delivery in May traded higher by Rs 3.20, or 0.19 per cent, to Rs 911.50 per kg in a business turnover of 19 lots.

Analysts said speculators increased positions on a firming trend at the domestic spot markets on better demand from consuming industries.

This is published unedited from the PTI feed.