Copper softens on weak global cues
Press Trust of India New Delhi Copper weakened by Rs 3 per kg at the non-ferrous metal market today, tracking a subdued trend overseas.
Traders the weakness in copper prices to subdued global cues.
Meanwhile, copper for delivery in three months retreated as much as 0.6 per cent to USD 5,254 per tonne on the London Metal Exchange.
In the national capital, copper mixed scrap shed Rs 3 at Rs 370 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 118-124, Nickel plate (4x4) Rs 910-915, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 370, Chadri deshi Rs 295.
Lead ingot Rs 100, Lead imported Rs 106, Aluminium ingots Rs 152, Aluminium sheet cutting Rs 148, Aluminium wire scrap Rs 148 and Aluminium utensils scrap Rs 146.