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Adani Starts USD 1.2 Bn Copper Plant To Boost India's Metal Production

Billionaire Gautam Adani-led group on Thursday announced the start of the first phase of the world's largest single-location copper manufacturing plant at Mundra in Gujarat, which will help cut India's dependence on imports and aid energy transition. Kutch Copper, a subsidiary ...

Copper Futures Gain On Higher Spot Demand

Copper prices on Friday rose 0.5 per cent to Rs 718.30 per kilogram in the futures market on the back of higher spot demand. On the Multi Commodity Exchange, copper contracts for delivery in February traded higher Rs 3.55 or 0.5 ...

Leading stock exchange BSE to launch options contracts on WTI and Brent crude oil futures

BSE will introduce options contracts on underlying WTI crude oil and Brent crude oil futures from October 9, along with futures contracts on base metals such as copper, zinc, aluminium. These commodity contracts will provide an efficient way to manage commodity price risk against volatility....

Here Is How Copper Prices Could Predict An Impending Economic Downturn

The metal copper possesses strong ability to forecast the turning points in an economic cycles and assess the entire health of the world economy and because of this unique ability it has earned the nickname of "Dr Copper" among insiders in ...

15 More Firms Selected Under PLI Scheme, For White Goods

As many as 15 companies, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the PLI scheme for the white goods sector, the government said on Tuesday. In ...

India Ratings Expects Base Metals Prices In 2021 To Be Higher Year-on-Year

India Ratings expects base metals prices in 2021 to be higher year on year (yoy), led by a robust demand recovery amid gradual supply increases. Increasing environmental concerns and emission targets are likely to lift the global cost curves across metals, ...

Anti-Dumping Duties Not To Be Levied On Copper Products From China, Other Countries: Govt

The government has decided not to impose anti-dumping on imports of certain copper products, used in the electrical industry, from China, Thailand, Korea and three other countries, according to an office memorandum. In April, the commerce ministry's arm Directorate General of ...

Hindustan Copper Continues To Hit Fresh Highs; Hold Recommendation Given

Shares of Hindustan Copper are on a roll and are hitting new highs every other day. In today's session yet again it has hit a high of Rs. 140 per share, surging again over 9%. Reason for the surge in the ...

Copper Prices Hit Almost 10-Year High On Concerns Of Demand-Supply Gap

Copper prices jump past $9,000 in the international market for the first time in almost 10 years on the expectation of an increase in demand for the metal. London copper crossed the $9,000 a tonne level after climbing as much as ...

Gold Fell But Copper Prices Hit 7-Year High On Positive Demand Outlook

Armed with a vaccine, optimism for global economic recovery among markets have caused gold prices to plunges while copper soared. Rising for the fourth consecutive day, copper price on the London Metal Exchange rose as much as 1.5% to a seven-year ...

White Goods AC, Fridge To Get Pricey By 3-5%

The manufacturers of white goods will pass on the heightened input cost to consumers and white goods including AC, fridge and washing machine are set to get pricey by 3-5% this November.The last price hike was made in the month of ...

Gold can fall up to Rs 24,250: Rajesh V

Gold can have a downside to Rs 24,250 says Rajesh. Meanwhile for silver he is advising that trades should be made with stop loss margins of 1000 points. Copper – Nov: Copper has closed above breakout level; if opens ...

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