Base Metals India The base metals pack witnessed phenomenal performance in the week gone by. Metals with weak fundamentals gained on the back of a major bout of technical buying and short-covering. We have noticed in the past few days that the six base metals have seen divided performance as three metals i.e., copper, aluminum […] ↓ Read the rest of this entry…
Commodity Online MUMBAI: June was a month of gloom for metals especially non-ferrous except perhaps aluminium. “Metals had a relatively poor second quarter, with most losing ground. This is in contrast to other commodities, some of which had a storming Q2. Is a slowing global economy beginning to feed through into metals, and what […] ↓ Read the rest of this entry…
MARKET ANALYSIS The base metals pack was hurt badly on the back of speculative liquidation on Friday. All base metals ended in the negative territory despite a decline in LME inventory data in case of four out of six base metals. Metals did not receive support from the decline in inventories as overall sentiments were […] ↓ Read the rest of this entry…
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