Monday, December 12, 2011

Today’s Commodity Tips for Base Metals

Today Base Metals are trading with positive bias. Almost 1% gain, Copper on MCX is trading at Rs 410. The nickel, lead and zinc have also a good rise.

If take a look at the past few trading sessions, the earnings in the current round of base metals are more noticeable 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 cent .Almost 11 per cent rise in nickel in the same period have been recorded.

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