Base Metals
D A I L Y B U Z Z
COPPER
Tracking a weak global trend, copper prices declined by 0.20 per cent to Rs 423.60 per kg in futures trading today as speculators offloaded positions.
Besides, subdued demand from consuming industries further fuelled the downtrend.
At the Multi Commodity Exchange, Copper for delivery in November moved down by 85 paise, or 0.20 per cent, to Rs 423.60 per kg in business turnover of 115 lots.
ZINC
Zinc futures declined 0.11 per cent to Rs 140.20 per kg today as participants reduced positions on weak cues from the global markets amid subdued demand in domestic spot markets.
At the Multi Commodity Exchange, zinc for delivery in current month traded lower by 15 paise, or 0.11 per cent, to Rs 140.20 per kg, with a business turnover of 126 lots.
The metal for delivery in October fell by a similar margin to trade at Rs 140.85 per kg in a turnover of 16 lots.
