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Base metals recover on global cues, spot demand

Press Trust of India  |  New Delhi 

prices rose by up to Rs 5 at the market today, tracking a firm trend overseas amid pick up in demand from consuming industries.

Traders said besides firm trend overseas, uptick in demand from consuming industries at domestic spot market,led to rise in prices.

Globally, copper for delivery in three-month rose 0.2 per cent to USD 6,837.00 per metric tonne on

In the national capital, Copper mixed scrap and nickel plate (4x4) rebounded by Rs 2 and Rs 5 to Rs 420 and Rs 828-833 per kg respectively.

Zinc ingot, lead ingot and lead imported too enquired higher by Rs 2 each to Rs 126-132, Rs 125 and Rs 132 per kg, respectively.

Following are today's (in Rs per kg):

Zinc ingot Rs 126-132, nickel plate (4x4) Rs 828-833, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 420, chadri deshi Rs 295.

Lead ingot Rs 125, lead imported Rs 132, aluminium ingots Rs 161, aluminium sheet cutting Rs 157, aluminium wire scrap Rs 157 and aluminium utensils scrap Rs 155.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 15:00 IST