Downtrend continued in base metal pack during the early hours of trading on Multi Commodity Exchange (MCX) Thursday as most metals traded bearish under selling pressure. Copper after hitting six-week low price continued to extend losses. Weakness in equity market also weighed on the sentiment.
Aluminium March contract traded at Rs 115.35, down Re 0.10 at 10:30 am IST and opened the session at Rs 115.35 per kg. It moved between Rs 115.50- 115.20 per kg. Total volume so far recorded at 224 lots.
Copper April contract traded at Rs 421.15 per kg, down Re 0.75 at 10:33 am IST and traded in the range of Rs 422.40- 420.30 per kg. Total volumes so far recorded 6,228 lots.
Lead March contract currently traded at Rs 112.85/kg, down Re 0.40. The session opened at Rs 113.50 per kg and so far fluctuated in the range of Rs 113.70- 113.110 per kg. Total volumes recorded 1,166 lots.
Nickel February contract traded at Rs 1,178.50/kg, down Rs 8.70 and moved between Rs 1,187.90- 1,176.40 per kg. Volume so far recorded 3,165 lots. It had opened the session at Rs 1,185.10 per kg.
Copper April contract traded at Rs 421.15 per kg, down Re 0.75 at 10:33 am IST and traded in the range of Rs 422.40- 420.30 per kg. Total volumes so far recorded 6,228 lots.
Lead March contract currently traded at Rs 112.85/kg, down Re 0.40. The session opened at Rs 113.50 per kg and so far fluctuated in the range of Rs 113.70- 113.110 per kg. Total volumes recorded 1,166 lots.
Nickel February contract traded at Rs 1,178.50/kg, down Rs 8.70 and moved between Rs 1,187.90- 1,176.40 per kg. Volume so far recorded 3,165 lots. It had opened the session at Rs 1,185.10 per kg.
Zinc February contract traded at Rs 102.75, up Re 0.25 and traded between Rs 103.10- 102.70 per kg. Total volumes recorded 1,963 lots.
MCX crude oil March contract traded at Rs 4,736 [+18.00] a barrel. Far month contracts April and May contracts traded at Rs 4,821 [+26.00] and at Rs 4,880 [+33.00] a barrel respectively.
