Prices of nickel and copper declined by Rs 2 per kg at the local non-ferrous metals market today, largely in tandem with a weakening global trend.
Traders said sentiment remained weak after nickel declined in global markets on speculation this year's rally in prices may curb demand amid rising inventories.
Meanwhile, nickel for delivery in three months retreated 2.1 per cent to USD 19,433 a tonne on the London Metal Exchange.
In the national capital, nickel (4x4) and copper mixed scrap fell further by Rs 2 each to Rs 1,089-1,090 and Rs 431 per kg, respectively.
Following are today's metal rates per kg:
Zinc ingot 113-119, nickel plate (4x4) 1,089-1,090 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 431, chadri deshi 285.
Lead ingot 122, lead imported 120, aluminium ingots 148, Aluminium sheet cutting 149, aluminium wire scrap 151 and aluminium utensils scrap 148.
