After remaining firm towards the latter half, prices of rolling across the markets softened on the last working day of the previous week, on January 16, amidst a correction mode, trade sources said.
A sharp rally was witnessed in rolling across markets on January 12 and 15, but a part of the gains was wiped out on January 16 as buyers avoided creating fresh position, they said.
Following table gives indicative prices of rolling in various markets during the past seven days:
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
16-Jan-16 |
15-Jan-16 |
9-Jan-16 |
|
ALANG INCHI |
21,000 |
21,300 |
20,250 |
12 Ani |
20,900 |
21,200 |
20,150 |
10 Ani |
20,800 |
21,050 |
20,050 |
8 Ani |
20,500 |
20,800 |
19,850 |
6 Ani |
20,200 |
20,500 |
19,550 |
4 Ani |
19,700 |
20,000 |
19,000 |
2 Kg |
19,800 |
20,000 |
19,000 |
5 Kg |
20,100 |
20,400 |
19,400 |
1/2 Kg |
17,800 |
17,900 |
16,200 |
Source: Compilation from various sources & ISMW data