DJ India's Hindustan Copper Cuts Product Prices For March
MUMBAI, Mar 03, 2008 (Dow Jones Commodities News via Comtex) --
India's state-run Hindustan Copper Ltd. (513599.BY) has lowered March provisional prices for its copper products, a senior company official said Monday.
The company's 8-millimeter standard copper rods are provisionally priced at INR330,100 a metric ton for March, the official said, down from INR347,512/ton in February.
HCL has also cut its provisional prices for copper rods of more than 8 millimeters in diameter, to INR331,700/ton from INR349,205/ton in February, the company official who declined to be named, said.
The company has also cut the price of copper cathode to INR326,100/ton from February's INR343,282/ton, said the official who did not give any reasons for the provisional price cuts.
-By Swansy Afonso, Dow Jones Newswires; 91-22-2288-4212-18; swansy.afonso@dowjones.com
(END) Dow Jones Newswires
03-03-08 0059ET
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