commodity socking update
Posted: Mon Jul 09, 2012 1:49 am
In base metals mixed business is. Copper and nickel have ended in. Aluminum, zinc, lead the decline. Seed cake Agro commodities, cotton and soybeans are more intense than 2 per cent. Three month forward Nickel prices were down by $ 189 per tonne on Monday. The reasons for Nickel to move forward have been so limited that the prices have remained searching for excuses to come down The Indian rupee is once again seen moving on a downward track, commencing lower on Monday July 09, 2012 following global risk aversion after a sluggish US jobs data. The domestic currency opened lower by 49 paise at Rs. 55.93 to a dollar and inched up to a high of 55.84 so far during the day.
Three month forward Nickel prices were down by $ 189 per tonne on Monday. The reasons for Nickel to move forward have been so limited that the prices have remained searching for excuses to come down.
Three month forward Nickel prices were down by $ 189 per tonne on Monday. The reasons for Nickel to move forward have been so limited that the prices have remained searching for excuses to come down.