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Base Metals Preview: Copper Gains On Supply Worries

16-Apr-24 08:16 Hrs IST

Copper flared up on worries over global supplies and a return of risk appetite in European markets. The red metal currently broke well above $4.30 per pound ? holding around 15 month high. Copper also rose as top global exchange CME Group suspended from its platform aluminium produced in Russia from April 13. The exchange took this step after the United States and Britain imposed new sanctions on Moscow for its invasion of Ukraine. The US Treasury Department and the British government on Friday banned the LME and the Chicago Mercantile Exchange (CME) from accepting new Russian production of aluminum, copper and nickel produced from April 13.

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Sr No	Start Date	Department	Tender Details	Status
1	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Active upto 22/11/2023 end of the day
2	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
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			C. Financial Bid
			D. Extension of RFP
4	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
5	07-07-2023	CS	RFP for Secretarial Audit
6	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
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7	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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9	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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10	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
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11	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
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