Base Metal Updates
Posted: Sat Feb 27, 2016 1:26 am
MCX Copper prices regained strength after investors looked interested towards riskier asset classes across the globe. In domestic markets favored the realistic growth targets of 7-7.5% for the year 2016-17 mentioned in the Economic Survey of Government released today. The data set released in the budget showed that the April-Dec 2015-16 periods showed a decline of 6.7% in the imports of Base Metals. Sector wise share of Base Metals was 6.5% in April -Dec 2015-16. In terms of Base Metals exports April-Dec 2015-16 there was a de-growth of 22.5%.