Copper, tin ease on poor offtake

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Copper, tin ease on poor offtake

Published : Jun 13, 2018, 5:21 pm IST
Updated : Jun 13, 2018, 5:21 pm IST

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Copper and tin prices eased

Copper and tin prices eased

Copper and tin prices eased further at the non-ferrous metals market today after stockists selling amid poor offtake from industrial users..

Copper and tin prices eased further at the non-ferrous metals market today after stockists selling amid poor offtake from industrial users. Meanwhile, brass sheet cuttings recover modestly due to fresh demand from consuming industries. Tin prices slid by Rs 10 per kg to Rs 1,460 from Tuesday's closing level of Rs 1,470 and copper utensils moved down by Rs 4 per kg to Rs 445 as against Rs 449.

Non-ferrous metals market

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Copper cable scrap, copper scrap heavy, copper armature, copper billets and copper sheet cuttings edged down by Rs 2 per kg each to Rs 490, Rs 483, Rs 474, Rs 518 and Rs 472 as compared Rs 492, Rs 485, Rs 476, Rs 520 and Rs 474, respectively. However, brass sheet cuttings gained by Rs 3 per kg to Rs 367 from Rs 364, yesterday.

Location: India, Maharashtra, Mumbai (Bombay)

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