Base Metals & Energy
Amidst a weak trend in the global market and subdued spot demand copper prices fell 0.61 per cent to Rs 404.90 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in June shed Rs 2.50, or 0.61 per cent, to Rs 404.90 per kg business turnover of 2,910 lots.
Similarly, the metal for delivery in August traded lower by Rs 2.15, or 0.52 per cent, to Rs 408.90 per kg in 278 lots. Globally, copper for delivery in three months fell 0.3 per cent, to USD 6,691.50 a tonne on the London Metal Exchange while in Shanghai, metal for delivery in August declined 0.4 per cent to 47,950 yuan (USD 7,701) a tonne.
LEAD
Tracking a weak trend overseas and sluggish domestic demand, lead fell 0.75 per cent to Rs 125.40 per kg in futures trade today after participants reduced their exposures.
At the Multi Commodity exchange, lead for delivery in June shed 95 paise, or 0.75 per cent, to
Rs 125.40 per kg in business turnover of 325 lots.
D A I L Y B U Z Z
COPPER Amidst a weak trend in the global market and subdued spot demand copper prices fell 0.61 per cent to Rs 404.90 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in June shed Rs 2.50, or 0.61 per cent, to Rs 404.90 per kg business turnover of 2,910 lots.
Similarly, the metal for delivery in August traded lower by Rs 2.15, or 0.52 per cent, to Rs 408.90 per kg in 278 lots. Globally, copper for delivery in three months fell 0.3 per cent, to USD 6,691.50 a tonne on the London Metal Exchange while in Shanghai, metal for delivery in August declined 0.4 per cent to 47,950 yuan (USD 7,701) a tonne.
LEAD
Tracking a weak trend overseas and sluggish domestic demand, lead fell 0.75 per cent to Rs 125.40 per kg in futures trade today after participants reduced their exposures.
At the Multi Commodity exchange, lead for delivery in June shed 95 paise, or 0.75 per cent, to
Rs 125.40 per kg in business turnover of 325 lots.
