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Copper,nickel rise on stockists' buying

Press Trust of India  |  New Delhi 

Prices of copper and nickel rose by up to Rs 3 per kg at the non-ferrous metal market today on increased buying by stockists following uptick in demand at domestic spot market.

Traders said increased buying by stockists, driven by pick up in demand from consuming industries at domestic spot market mainly led to the rise in copper and nickel prices.

In the national capital, copper mixed scrap and nickel plate (4x4) went up by Rs 2 and Rs 3 to Rs 339 and Rs 780-790 per kg, respectively.

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

Zinc ingot Rs 100-106, Nickel plate (4x4) Rs 780-790, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 339, chadri deshi Rs 295.

Lead ingot Rs 92, lead imported Rs 98, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

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

First Published: Tue, June 13 2017. 14:57 IST