Ingot prices declined further in all the markets across the country on January 6 as compared to previous day on low demand and a tendency among buyers to delay their purchases anticipating further dip in prices, market sources said.
Though the prices declined between Rs 200 and Rs 625 per ton in most of the other markets on higher availability, the eastern region markets of Durgapur and Bhilai and in the western Indian market of Indore they remained marginally better and remained stable.
Following table gives indicative prices of Ingot in various markets:
Name of Place |
Price Rs / ton 6.6.16 |
Price Rs/ton 5.1.16 |
Mandi Govindgarh |
24100 |
24725 |
Alang |
24000 |
24500 |
Bhilai |
23912 |
23912 |
Goa |
23600 |
23800 |
Indore |
28000 |
28000 |
Mujaffarnagar |
24400 |
24800 |
Durgapur |
25900 |
25900 |
Mumbai |
23500 |
23700 |
Hyderabad |
24000 |
24500 |
Jaipur |
24000 |
24550 |
Kolkata |
26200 |
26200 |
Raigarh |
21700 |
22000 |
Raipur |
21800 |
22000 |
Rourkela |
21300 |
21500 |
Gaziabad |
24400 |
24700 |
Kanpur |
24200 |
24400 |
Ahmedabad |
24000 |
NA |
Ludhiana |
24800 |
25400 |
Source: Traders