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Wednesday 31 October 2007

Tin prices rise

Barring a price rise in tin, prices of other metals ruled flat in the non-ferrous metal market on Tuesday. Marketmen said increased industrial demand and report of rise in its prices at the London Metal Exchange (LME) mainly pushed up tin pri ces. In London Metal Exchange, tin gained 350 dollar at 16,800 a metric ton. Tin ingot remained in demand on the back of rising trend at London Metal Exchange and rose by Rs 5 at Rs 805 a kilo.

Following were today's quotations per kilo: Tin ingot 805, zinc slab 175.00 zinc dross 135, nickel plate (4x4) 1450-1600, (9x9) 1475-1595, (4x24) 1475-1605, cadmium plate 420, Rod 410, antimony (china) 310, gun metal scrap 260, bell metal scrap 260, cop per wire scrap 360, copper super d rod 380, copper wire bar 380, copper mixed scrap 340, C.C rod 345, Utensil scrap 315, Mixed scrap 310, Chadripital 255, brass sheet cutting 240, bullet scrap 255, bharat scrap 235, accessories scrap 230, brass boring 23 0-250, brass radiator scrap 220 and huny scrap 250. Lead ingot 125, Lead imported 155-165, Aluminium ingots 135, sheet cutting 130, aluminium wire scrap 125 and Aluminium utensils scrap 122. – Press Trust of India

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