Copper, nickel weaken on sluggish demand

Prices of copper and nickel declined by Rs 2 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.
Traders said tepid demand from consuming industries mainly led to weakness in copper and nickel prices.
In the national capital, copper mixed scrap and nickel plate (4x4) eased by by Rs 2 each to Rs 398 and Rs 748-753 per kg respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 118-124, Nickel plate (4x4) Rs 748-753, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 398, chadri deshi Rs 295.

Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.