Copper softens on sluggish demand

Image
Press Trust of India New Delhi
Last Updated : Jun 11 2016 | 3:28 PM IST
Copper prices eased by Rs 3 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.
However, other base metals held steady in thin trade.
Traders said subdued demand from consuming industries mainly attributed the fall in copper prices.
In the national capital, copper mixed scrap fell by Rs 3 to Rs 372 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 98-104, Nickel plate (4x4) Rs 850-855, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 372, chadri deshi Rs 295.
Lead ingot Rs 76, lead imported Rs 82, aluminium ingots Rs 155, aluminium sheet cutting Rs 151, aluminium wire scrap Rs 151 and aluminium utensils scrap Rs 149.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 11 2016 | 3:28 PM IST

Next Story