• ALUMINIUM    1 KGS    235.85    ( -0.27 )%    MUMBAI    |    COPPER    1 KGS    718.95    ( 0.88 )%    MUMBAI    |    COTTON    1 BALES    26,300.00    ( -0.34 )%    RAJKOT    |    CPO    10 KGS    1,143.30    ( -0.15 )%    KANDLA    |    CRUDEOIL    1 BBL    5,404.00    ( 1.81 )%    MUMBAI    |    GOLD    10 GRMS    46,058.00    ( -0.89 )%    AHMEDABAD    |    GOLDGUINEA    8 GRMS    36,995.00    ( -0.89 )%    AHMEDABAD    |    GOLDM    10 GRMS    46,058.00    ( -0.89 )%    Ahmedabad    |    GOLDPETAL    1 GRMS    4,631.00    ( -0.77 )%    MUMBAI    |    KAPAS    20KG    1,526.50    ( 0.20 )%    RAJKOT    |    LEAD    1 KGS    189.85    ( 0.40 )%    MUMBAI    |    MENTHAOIL    1 KGS    1,044.50    ( 0.22 )%    CHANDAUSI    |    NATURALGAS    1 mmBtu    364.60    ( 2.04 )%    HAZIRA    |    NICKEL    1 KGS    1,485.70    ( 0.30 )%    MUMBAI    |    RUBBER    KGS    16,823.00    ( -0.48 )%         |    SILVER    1 KGS    60,385.00    ( -0.45 )%    AHMEDABAD    |    SILVERM    1 KGS    60,385.00    ( -0.45 )%    AHMEDABAD    |    SILVERMIC    1 KGS    60,385.00    ( -0.45 )%    AHMEDABAD    |    ZINC    1 KGS    267.80    ( 2.41 )%    MUMBAI    |    

Commodity Detailed News

Base Metals Preview: COMEX Copper Sees Heavy Losses On Muted Manufacturing Data
03-Aug-21   08:56 Hrs IST
COMEX Copper futures tanked yesterday as profit selling hurt the red metal amid mostly downbeat global manufacturing data. The pace of growth in Us manufacturing activity slowed in the month of July, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing Purchasing Managers' Index or PMI dipped to 59.5 in July from 60.6 in June. China manufacturing sector continued to expand in July, with a manufacturing PMI score of 50.3, the latest survey from Caixin showed on Monday. That's down from 51.3 in June, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The euro area manufacturing sector growth moderated in July. The final factory PMI fell to 62.8 from 63.4 in June. This was the lowest reading since March. COMEX Copper futures lost 1.50% to dip well under $4.50 per pound. The metal tested around one and half week low following this slide. MCX Copper also pared 1.37% to close at Rs 741.40 per kg.

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