Copper declines on subdued demand

Copper prices declined at the non-ferrous metal market here today on stockists selling amidst subdued demand from industrial users.
Meanwhile, tin and zinc recovered owing to good demand from alloy industries.
On the global front, the industrial metal climbed in early trade as the dollar eased in the wake of a weak U.S. jobs report that pointed to a delayed interest rate rise, while holidays in top user China drained volumes from the market.
Copper cable scrap, copper utensils and copper wire bar edged down by Rs 2 per kg each to Rs 412, Rs 378 and Rs 440 from thursday's closing level of Rs 414, Rs 380 and Rs 442 respectively.

Copper scrap heavy, copper armiture and copper sheet cuttings softened by a Re per kg each to Rs 407, Rs 400 and Rs 395.
However, tin prices climbed by Rs 10 per kg to Rs 1,170 as compared to Rs 1,160 previously and zinc prices inched up by Rs 150 per kg.