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Friday, December 9, 2011

MCX Commodity News : Base Metals Surged Today

Base Metals trading is trading with positive bias today. With almost 1% gain, Copper on MCX is trading at Rs 410. The nickel, lead and zinc have also seen good rise.
If we look at the past few trading sessions, the earnings in the current round of base metals are more visible spot. Copper, aluminum, lead, zinc and nickel consumption is around the world. Impact on the economic activities of these metals, which is visible and affecting the price movement.
During Last 1.5 months, Copper has grown by 20 per cen. Nearly 11 per cent rise in nickel in the same period have been recorded.
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