Copper down on rising LME stockpiles

Print this page Posted on : 11-14-2009 by recycleinme.com

Mumbai, Nov. 13

Copper futures edged lower on Friday weighed by rising inventory in the London Metal Exchange, underlining demand concerns, but a weak dollar kept the downside limited, analysts said. The most-traded November contract was 0.26 per cent lower at Rs 303.35 a kg. Zinc November was 0.15 per cent higher at Rs 100.40 a kg, while lead for November delivery was 0.14 per cent lower at Rs 104.85 a kg. - Reuters

Source : Business Line