Prices of zinc and nickel traded higher by Rs 2 per kg at the local non-ferrous metals market today on the back of firming global trend.
Traders said sentiment bolstered after zinc rose in global markets as stockpiles fell amidst a jump in US home building increased speculation that demand is rising in the second-biggest user of industrial metals.
Meanwhile, copper for delivery in three months rose 0.4 per cent to USD 2,312 a metric tonne at the London Metal Exchange.
In the national capital, zinc and nickel(4x4) rose by Rs 2 each to Rs 112-118 and Rs 1,094-1,100 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot 112-118, Nickel plate (4x4) 1,094-1,100, Gun metal scrap 227, Bell metal scrap 229, Copper mixed scrap 430, Chadri deshi 285.
Lead ingot 107, Lead imported 105, Aluminium ingots 159, Aluminium sheet cutting 160, Aluminium wire scrap 162 and Aluminium utensils scrap 159.
