Wire Rod manufacturers of Raipur have excluded buyers discount from the quoted price. They have made a price cut of INR 400/MT from last trade.
Yesterday manufacturers quoted 5.5 mm Wire Rod at INR 33,400/MT but today the quoted prices are INR 33,000/MT for the same product despite increasing prices of Ingot/Billet city.
According to a Wire Rod manufacturer based in Raipur – “Earlier we were giving discount on quoted prices but we have made a prices cut and there’s no discount on wires today. Earlier we would add INR 1,700/MT in 5.5mm Wire Rod’s basic price for 12 Gauge HB Wire but today onwards we are adding INR 1,800/MT for the same”, he further said.
Other Wires like Binding, GI and Barbed Wires prices are unaffected from last trade in city.
Indian Wire prices (in INR/MT) as on date 29-Nov-2013
|
Particular |
Item |
Size |
Price (Basic) |
Price#(All Tax) |
Change |
W-O-W |
M-O-M |
|
|
Raipur |
Wire Rod |
5.5 MM |
33,400 |
39,400 |
– 400 |
0 |
+ 1,200 |
|
|
Binding Wire |
20 Gauge |
38,800 |
45,800 |
0 |
+ 150 |
+ 1,850 |
||
|
HB Wire |
12 Gauge |
35,200 |
41,500 |
– 300 |
+ 100 |
+ 1,300 |
||
|
Barbed Wire |
12×12 Gauge |
41,100 |
48,500 |
0 |
+ 400 |
+ 2,100 |
||
|
GI Wire |
12 Gauge |
39,400 |
46,500 |
0 |
0 |
+ 1,600 |
Daily Assessment
Excise Duty @ 12.36% ;VAT as applicable
# Prices including all taxes
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