India, Aug. 18 -- Multi Commodity Exchange of India announced the launch of Nickel futures contract effective 18 August 2025. The contract will contribute to efficient price discovery and encourage greater value chain participation across the country.Nickel is a critical industrial metal and a key raw material in the stainless steel making, electroplating, EV batteries and other engineering industries. As India is dependent on Nickel imports, the Nickel consuming industries are exposed to price volatility and supply disruptions, adding significant pressure on their business margins.The launch of the Nickel futures contract will provide a robust mechanism for these industries to help them manage their price risks, making them more competitiv...