Base Metals
Base metals on the LME aprt from Aluminium traded on a negative note yesterday after a surprise fall in U.S. consumer confidence. In addition, investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand.
On the MCX, red metal prices plunged by 1.5 percent and closed at Rs.404/kg on Tuesday.
www.marketmagnify.com
Ph: 0731-6619100
Base metals on the LME aprt from Aluminium traded on a negative note yesterday after a surprise fall in U.S. consumer confidence. In addition, investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand.
On the MCX, red metal prices plunged by 1.5 percent and closed at Rs.404/kg on Tuesday.
www.marketmagnify.com
Ph: 0731-6619100
No comments:
Post a Comment