Friday, 12 December 2014

Base Metals Daily Commodity Market Update

Base Metals
Base metals on the LME traded on a mixed note on Thursday as weak economic data from the Euro Zone along with mixed trend in LME stocks dragged prices lower.

LME Copper prices rose by 0.6 percent yesterday owing to strong economic data from the US. Also, weakness in the DX supported gains.

On the MCX, prices jumped by 1.3 percent taking cues from Rupee depreciation and closed at Rs.408.7/kg on Thursday.
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