Base metal tips of 19th January 2015

COPPER
Copper prices rose by 0.17 per cent on Friday at the domestic markets. At the MCX, copper futures for February 2015 contract were trading at Rs.352.80 per 1 kg, up by 0.17 per cent, after opening at Rs. 353.50 against the
previous closing price of Rs. 352.20. It touched the intra-day high of Rs. 355.20 till the trading.

LEAD
Lead prices rose by 1.37 per cent on Friday at the domestic markets as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend.

At the MCX, Lead futures, for the January 2015 contract, is trading at Rs 110.60 per kg, up by 1.37 per cent, after opening at Rs 109.50, against a previous close of Rs 109.10. It touched an intra-day high of Rs 109.50 till the trading.