Supported by firming trend at the London Metal Exchange (LME) and pick up in industrial demand, copper and nickel strengthened up to Rs 10 per kg on the wholesale non-ferrous metal market today.
Sentiment turned better after copper and other base metals strengthened at the LME as dollar weakened, raising appeal of the commodities as alternative investments.
Meanwhile, copper for the three-month delivery gained 0.7 per cent to $8,366 a metric tonne, while nickle rose by 0.40 per cent to $23,640 per tonne at the LME.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 3 each to Rs 431, Rs 450 and Rs 411 per kg, respectively.
Nickel plate 4x4 traded Rs 10 higher at Rs 985-987 per kg.
Following were today's quotations in Rs per kg:
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Tin ingot 815, zinc ingot 125.50, nickel plate (4x4) 985-987, gun metal scrap 226 bell metal scrap 228, copper wire scrap 431, copper wire bar 450, copper mixed scrap 411, Utensil scrap 224, Chadripital 175
Lead ingot 127, lead imported 129, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102