Sep
26
Sterlite: Weak outlook priced in
September 26, 2011 | Leave a Comment
Even as metal prices weaken, the company’s zinc, lead & silver businesses should provide cushion. With declining base metal prices on the London Metal Exchange (LME), the stock of Sterlite Industries has lagged the broader market since end-July. It has lost almost 32 per cent in the past two months, including 4.5 per cent on [...]
Sep
10
Copper declines on reduced industrial offtake
September 10, 2011 | Leave a Comment
New Delhi, Sept 10 (PTI) In restricted trading, copper remained weak and prices fell by Rs 2 per kg on the local non-ferrous metal market today due to reduced industrial offtake on the back of a weak global trend. Traders attributed the decline in copper prices to subdued trend overseas and reduced industrial offtake. In [...]
Aug
9
BASE METALS – European Opening View – Base metals rebound off overnight lows
August 9, 2011 | Leave a Comment
The selling across the markets continued on Monday with the LME base metals falling by an average of 6.1 percent at the lows of the day. They closed down by an average of 5.1 percent. Tin, lead and zinc all saw losses of over 6 percent, while copper fell 3.8 percent to $8,766 and aluminium [...]
Jul
7
LONDON, July 7 – Copper rose on Thursday to its highest in nearly three months as expectations of increasing demand from top consumer China and upbeat employment data from the United States, the world’s largest economy, boosted market sentiment. A strong trigger for higher levels in afternoon trade was European Central Bank President Jean-Claude Trichet [...]
Jul
22
LME 3month forwards 23 Jul 2010
July 22, 2010 | Leave a Comment
LME 3month forwards CMP : Copper 6980 (-50) Lead 1915 (-15) Zinc 1920 (-25) Nickel 20100 (0) Aluminum 2057(0)
Jul
21
LME Copper Inventory 21 Jul 2010
July 21, 2010 | Leave a Comment
LME Inventory Update Copper -1975MT Lead -1150MT Zinc -50MT Nickel -444MT Aluminum +2925MT Tin -145MT.
Jul
20
LME Copper Inventory 20 Jul 2010
July 20, 2010 | Leave a Comment
LME Inventory Update Copper -3250MT Lead -1000MT Zinc +1425MT Nickel 0MT Aluminum +48275MT Tin -245MT.
Jul
19
LME Copper Inventory 19 Jul 2010
July 19, 2010 | Leave a Comment
LME Inventory Update Copper -3575MT Lead -200MT Zinc -225MT Nickel -534MT Aluminum -6325MT Tin +40MT.
Jul
15
LME Copper Inventory 15 Jul 2010
July 15, 2010 | Leave a Comment
LME Inventory Update Copper -775MT Lead -450MT Zinc +900MT Nickel -234MT Aluminum +5825MT Tin -10MT.
Jul
12
LME Copper Inventory 12 Jul 2010
July 12, 2010 | Leave a Comment
LME Inventory Update Copper -1650MT Lead +50MT Zinc -225MT Nickel -420MT Aluminum -8075MT Tin -125MT.