Copper News Today, 21 July 2023: चीनी stimulus समर्थन से अधिकांश बेस मेटल में तेजी

Copper Producers Switch to Provisional Pricing; Aim to Avoid Losses

Gold Silver Reports – Copper Producers Switch to Provisional Pricing; Aim to Avoid Losses — In a major shift in strategy, downstream copper producers (manufacturers of wires, cables, pipes and tubes, etc.) have started fixing their product prices on provisional basis, a practice similar to primary metal producers.

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NCDEX Transaction Charges 2018

Gold Silver Reports – गिरते ट्रेडिंग वॉल्यूम के बीच एनसीडीईएक्स ने अपने ट्रांजैक्शन चार्ज में भारी बदलाव किया है। एक्सचेंज ने ए कैटेगरी में 25 से 50 करोड़ रुपये के टर्नओवर पर ट्रांजैक्शन चार्ज बढ़ाकर 4.5 रुपये प्रति 1 लाख रुपये कर दिया है। वहीं 50 करोड़ से 150 करोड़ रुपये के टर्नओवर पर ट्राजैक्शन चार्ज 3.5 रुपये प्रति 1 लाख रुपये कर दिया गया है। जबकि 150 करोड़ रुपये के ऊपर के टर्नओपर पर ट्राजैक्शन चार्ज 3 रुपए प्रति 1 लाख रुपये देना होगा।

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JSW Steel

Cut in Fees for Smelters is a Risk for Domestic Copper Producers

Gold Silver Reports – Cut in Fees for Smelters is a Risk for Domestic Copper Producers | Copper smelters and miners are in a standoff over the annual benchmark rates for copper treatment and refining charges (TC/RCs). India’s custom copper smelters, run by Hindalco Industries Ltd and Vedanta Ltd, will be keenly awaiting the final outcome. Investors should too. These charges are one determinant of their copper division’s profits in the forthcoming fiscal year.

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Trade War Sends Commodities to Biggest Drop in 5 Months

Copper MCX Market Resistance Key Level 432

Copper MCXGold Silver Reports – Copper MCX Market Resistance Key Level 432 – Technically Copper market is under short covering as market has witnessed drop in open interest by 5.04% to settled at 13774 while prices up 1.15 rupees.

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Copper Prices

Copper May Enter Corrective Phase

Gold Silver Reports — Copper May Enter Corrective Phase — Copper prices have been in a tremendous rally since bottoming out at around Rs.354 in early May, prices have since gained over 27% to reach a high of Rs.451.35 today.

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