Copper rises on global cues

Copper prices rose by Rs 2 per kg on the local non-ferrous metal market today on scattered buying by stockists influenced by a firming trend in copper at the London Metal Exchange (LME).

Meanwhile, copper for three-month delivery rose by 0.6% to $9,002 a tonne at the LME.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 2 each to Rs 505, Rs 528 and Rs 488 per kg, respectively.

Following were today's quotations per kg:

Tin ingot 850, zinc ingot 136.50, nickel plate (4x4) 1,060-1,062, gun metal scrap 226 bell metal scrap 228, copper wire scrap 505, copper wire bar 528, copper mixed scrap 488, Utensil scrap 224, Chadripital 175

 

Lead ingot 141, lead imported 143, aluminium ingots 109, sheet cutting 110, aluminium wire scrap 110 and aluminium utensils scrap 107