Copper remains up on global cues

Copper prices were up by Rs 2 per kg on the local non-ferrous metal market today on increased industrial demand amid firming trend at London Metal Exchange (LME). 

Traders said increased offtake by consuming industries and reports of firming trend at LME, pushed up copper prices.

Meanwhile,copper for three-month gained 0.3 per cent to $9,754 a tonne on the LME.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were remained in industrial demand and added Rs 2 each to Rs 478, Rs 501 and Rs 462 per kg, respectively. 

ollowing were today's quotations in Rs per kg:

Tin ingot 820, zinc ingot 131.50, nickel plate (4x4) 1,020-1,022, gun metal scrap 226 bell metal scrap 228, copper wire scrap 478, copper wire bar 501, copper mixed scrap 462, Utensil scrap 224, Chadripital 175

Lead ingot 136, lead imported 138, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102