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Tag Archives: base metals

MCX Commodity market: base metals under pressure

MCX Commodity market: base metals under pressure

The U.S. and China poor data have had a major impact on base metals. MCX Copper is under pressure and the price has dropped by Rs 445. The LME Copper continues to decline for the tenth consecutive day. In the past ...

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MCX base metals futures down on global cues

MCX base metals futures down on global cues

Today, strong rupee is pressure on base metals. All MCX Metals prices declined on futures trading today after speculators trimmed their exposures amid a weak global trend. At 1:30 PM on the Multi Commodity Exchange (MCX), Aluminium for delivery in January ...

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MCX Lead, Nickel futures moves up on rising spot demand

MCX Lead, Nickel futures moves up on rising spot demand

MCX Lead futures Lead prices rose 0.45 percent to 133.50 rupees per kg in futures trading today as speculators extended their positions, driven by pick-up in spot market demand. At MCX most active, lead for delivery in January rose by ...

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MCX Nickel remains up 0.63% in futures trade on global cues

MCX Nickel remains up 0.63% in futures trade on global cues

Extended an upward streak for another day, nickel prices surged more than 0.63 percent to 898.80 rupees per kg in the futures market as speculators committed in extending positions, tracking a trend firming overseas and increased demand from alloy-makers. At ...

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MCX Copper up by 0.64% on strong global cues

Copper Feb futures up by 0.64% on strong global cues

MCX Copper Feb futures up by 0.64% on strong global cues: Driven by a firming trend in the global markets as inventories recorded by the MME (London Metal Exchange) continued to decline, copper futures prices rose by 0.18% to Rs ...

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Nickel futures up 0.56% amid a firming trend

At MCX Nickel futures up 0.56% amid a firming trend

In MCX Nickel prices rose 0.56% to Rs 879.60 per kg in futures trading today as speculators extended positions amid a firming trend in spot markets in the growing demand from consumer industries. At MCX, nickel for December delivery rose ...

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MCX Aluminium Dec futures down nearly 0.3% on global cues

MCX Aluminium Dec futures down nearly 0.3% on global cues

Aluminum futures prices fell nearly 0.3% to 108.20 rupees per kg in futures trading today as speculators offloaded positions due to weak demand in spot markets in the midst of weak tendency in the markets global. Base metals are traded ...

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MCX Lead prices down nearly 1% on subdued spot demand

MCX Lead prices down nearely 1% on subdued spot demand

Today, MCX Base metals are trading now very sluggish.  Lead prices weakened by nearly 1% to 133 rupees per kg in futures trading today as speculators lowered their positions in the subdued spot market demand. At MCX, lead for December ...

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