These data has to be derived from London metal exchange (LME). The rate which is quoted in LME is 1metric ton & here our MCX metals are quoted in 1Kg. Now let us see how to convert LME to MCX?
In below table we given LME live price list in 1 metric tone.
LME LIVE PRICES
Now take $ Vs ₹ rate in below table
((International LME price) X ($ Vs ₹)
Calculation for all MCX metals = -------------------------------------------
1000
- MCX Aluminium =((LME Aluminium X($ Vs ₹))/1000
- MCX Lead =((LME Lead X ($ Vs ₹))/1000
- MCX Copper =((LME Copper X ($ Vs ₹))/1000
- MCX Nickel =((LME Nickel X ($ Vs ₹))/1000
- MCX Zinc =((LME Zinc X ($ Vs ₹))/1000
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NSEBSENOW - Team
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