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Business Daily from THE HINDU group of publications Tuesday, November 3, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1555 hrs (IST)
Commodities Base metal prices up on rise in demand NEW DELHI: Copper and other base metal prices rose up to Rs 5 per kg on the non-ferrous metal market in the national capital on Tuesday on pick up in demand and firming trend overseas after positive manufacturing data from the US and China. Marketmen said increased offtake by consuming industries and gains in base metals after positive manufacturing data from the US and China mainly influenced metal prices in the national capital. Copper wire scrap, copper wire bar and copper mixed scrap were up by Rs two each to Rs 321, Rs 342 and Rs 301 per kg. Zinc ingot, lead ingot and lead imported gained rupee one each at Rs 116, Rs 131 and Rs 135 while nickel (4x4) shot up by Rs 5 at Rs 89 5-1005 per kg. — PTI
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