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New UserIngot prices extend losses w-o-w on sluggish sales
21 Mar 2016
Ingot prices extended losses for week ending on March 19.
Prices were down in the range of Rs 500-1300 per ton in the markets of Mandi Govindgarh, Bhilai, Indore, Muzaffarnagar, Mumbai, Jaipur, Raigarh, Rourkela and Ghaziabad among others.
Low end product sales led to negative market sentiments, sources said.
Prices of ingots in various markets during the past one year (Rs/ton)
|
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
|
19-Mar-16 |
18-Mar-16 |
12-Mar-16 |
18-Feb-16 |
21-Sep-15 |
|
|
MANDI GOVINDGARH |
25,125 |
25,225 |
26,200 |
25,400 |
26,850 |
|
ALANG |
23,500 |
23,000 |
25,000 |
22,800 |
24,600 |
|
BHILAI |
23,850 |
23,850 |
24,850 |
23,750 |
26,400 |
|
GOA |
24,000 |
24,000 |
24,000 |
22,400 |
23,000 |
|
INDORE |
27,400 |
27,600 |
28,400 |
27,200 |
27,100 |
|
MUZAFFAR NAGAR |
24,300 |
24,300 |
24,900 |
24,300 |
26,800 |
|
DURGAPUR |
25,000 |
23,850 |
25,800 |
24,500 |
28,200 |
|
MUMBAI |
23,500 |
23,800 |
- |
23,400 |
24,500 |
|
HYDERABAD |
24,500 |
25,000 |
- |
23,000 |
24,500 |
|
JAIPUR |
23,300 |
23,300 |
24,600 |
24,100 |
26,000 |
|
KOLKATA |
25,500 |
25,100 |
26,300 |
25,000 |
28,500 |
|
RAIGARH |
21,500 |
21,500 |
22,250 |
21,500 |
23,400 |
|
RAIPUR |
21,900 |
21,700 |
22,800 |
21,700 |
23,100 |
|
ROURKELA |
21,000 |
21,000 |
21,500 |
20,800 |
23,000 |
|
GHAZIABAD |
24,100 |
24,200 |
24,700 |
24,100 |
26,700 |
|
KANPUR |
24,300 |
24,200 |
25,000 |
23,700 |
26,250 |
|
AHMEDABAD |
24,000 |
- |
25,250 |
- |
24,900 |
|
LUDHIANA |
26,200 |
26,100 |
27,000 |
26,000 |
27,700 |
Source: Compilation from various sources & ISMW data