Tuesday, August 5, 2014

India - Non-Ferrous Metal Market - Select copper, nickel, brass and zinc prices declined as stockists sell amidst subdued demand from industrial users

Mumbai, Jul 30 (PTI) Select copper, nickel, brass and zinc prices declined at the non-ferrous metal market here today on stockists selling amidst subdued demand from industrial users.

Meanwhile, tin and copper sheet cutting prices rose on stockists buying amidst firm demand from industrial users.

Globally, lead fell on early trade at the LME, after a weaker technical close pushed investors to take profits and after the metal rose more than five percent this month as it slipstreamed zinc.

Article Source: http://www.ptinews.com/news/4976940_Select-base-metals-slip-on-subdued-demand.html
Publication Date: 30 July 2014

Zinc sheds 0.28% on global cues, sluggish demand

Zinc prices eased 0.28 per cent to Rs 143.55 per kg in futures trade today as speculators trimmed positions amid a weak trend overseas.

Besides, low demand in domestic spot markets fuelled the downtrend. Market analysts attributed the fall in zinc futures to a weak global trend and subdued demand from consuming industries at domestic spot markets.

Article Source: http://www.business-standard.com/article/pti-stories/zinc-futures-fall-0-28-on-global-cues-sluggish-demand-114080100597_1.html
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