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    market news

    Eveready Raises Prices of Some Batteries as Cost of Zinc Rises

    Investing News Network
    Dec. 14, 2010 11:23AM PST
    Base Metals Investing

    The San Francisco Chronicle.com reports that EvereadyIndustries has raised prices for some of its’ battery products, as a result of high Zinc prices.

    The San Francisco Chronicle.com reports that EvereadyIndustries has raised prices for some of its’ battery products, as a result of high Zinc prices.

    The story is quoted as saying:

    The price of zinc, which accounts for half of Eveready’s costs, has risen 31 percent in the past six months because of demand from India and China. Eveready’s shares fell 0.3 percent to 51.6 rupees in Mumbai at 2:04 p.m.

    To access the full story, click here.

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