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Business Daily from THE HINDU group of publications Saturday, January 23, 2010 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1500 hrs (IST)
Commodities Copper remains weak on global cues NEW DELHI: Copper prices shed Rs 2 per kg at the non-ferrous metal market on Saturday owing to slackness in demand amid weak global trend. Traders said increased selling by stockists due to subdued demand from consuming industries led to fall in copper prices. In the national capital, copper wire scrap, copper wire bar and copper mixed scrap traded lower by Rs 2 each at Rs 372, Rs 393 and Rs 351 a kg respectively. Following are today’s quotations in Rs a kg: Tin ingot 778, zinc ingot 122.00, nickel plate (4x4) 945-1,057, gun metal scrap 228 bell metal scrap 230, copper wire scrap 372, copper wire bar 393, copper mixed scrap 351.00, Utensil scrap 227, Chadripital 1 75. Lead ingot 134, lead imported 136, aluminium ingots 105,sheet cutting 103, aluminium wire scrap 102 and aluminium utensils scrap 99. - PTI
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