Weak conditions prevailed on the wholesale non-ferrous metal market today as copper and other base metals lost ground in line with overnight losses in the international market.  

Trading sentiment remained weak as base metals weakened in global market yesterday after an unexpected jump in weekly US jobless claims.

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Traders said besides, sluggish demand from consuming industries also put some pressure on the prices.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were slipped further by Rs 2 each to Rs 371, Rs 390 and Rs 349, while nickel (4x4) also seen in negative zone with a loss of Rs 5 to Rs 875-989 per kg.

Following were today's quotations in Rs per kg:

Tin ingot 795, zinc ingot 116.50, nickel plate (4x4) 875-989, gun metal scrap 226 bell metal scrap 228, copper wire scrap 371, copper wire bar 390, copper mixed scrap 351.00, Utensil scrap 224, Chadripital 175

Lead ingot 113.50, lead imported 116.50, aluminium ingots 100, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100

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