Ingot prices gained strength on buying support in most markets in the week ended April 16.
Prices increased in the markets of Mandi Govindgarh, Alang, Bhilai, Indore, Durgapur, Mumbai, Jaipur, Kolkata, Raigarh, Raipur, Rourkela, among others by around Rs 200-400 per ton.
However, prices were down in Goa, Hyderabad and Kanpur in the range of Rs 250-750 per ton.
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 |
16-Apr-16 |
15-Apr-16 |
9-Apr-16 |
17-Mar-16 |
19-Oct-15 |
|
MANDI GOVINDGARH |
25,225 |
25,500 |
24,900 |
25,200 |
25,300 |
ALANG |
24,300 |
24,800 |
24,000 |
24,000 |
23,100 |
BHILAI |
23,850 |
24,150 |
23,650 |
23,850 |
23,600 |
GOA |
23,350 |
23,350 |
24,100 |
24,000 |
21,300 |
INDORE |
27,500 |
27,500 |
27,400 |
27,600 |
26,200 |
MUZAFFAR NAGAR |
24,400 |
24,500 |
24,400 |
24,300 |
24,500 |
DURGAPUR |
26,000 |
26,200 |
25,800 |
24,550 |
25,600 |
MUMBAI |
24,400 |
24,300 |
24,400 |
24,100 |
22,800 |
HYDERABAD |
25,000 |
24,500 |
25,500 |
25,000 |
23,000 |
JAIPUR |
24,200 |
24,400 |
24,100 |
23,300 |
23,900 |
KOLKATA |
26,500 |
26,700 |
26,300 |
25,100 |
25,900 |
RAIGARH |
22,400 |
22,400 |
22,000 |
21,500 |
21,600 |
RAIPUR |
22,200 |
22,300 |
22,100 |
21,800 |
21,600 |
ROURKELA |
21,500 |
21,600 |
21,500 |
21,000 |
21,000 |
GHAZIABAD |
24,300 |
24,400 |
24,200 |
24,200 |
25,100 |
KANPUR |
24,250 |
24,500 |
24,500 |
24,250 |
26,250 |
AHMEDABAD |
24,650 |
24,650 |
24,200 |
23,700 |
24,100 |
LUDHIANA |
25,900 |
26,100 |
25,700 |
26,100 |
25,700 |
Source: Compilation from various sources & ISMW data