Copper prices declied by Rs 2 per kg in the non-ferrous metal market today on reduced offtake by consuming industries amid weakening global trend.
Traders said subdued demand from consuming industries amid weakening trend at the London Metal Exchange mainly led to a decline in copper prices.
Meanwhile, copper for three-month delivery fell 1.4 per cent to $7,953 a metric tonne on the London Metal Exchange.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were down by Rs 2 each to Rs 406, Rs 425 and Rs 386 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 805, zinc ingot 119.50, nickel plate (4x4) 953- 957, gun metal scrap 226 bell metal scrap 228, copper wire scrap 406, copper wire bar 425, copper mixed scrap 386.00, Utensil scrap 224, Chadripital 175
Lead ingot 123, lead imported 125, aluminium ingots 100, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100