Copper and nickel prices traded marginally higher by Rs 2 per kg on the local non-ferrous metal market today on fresh buying by stockists followed by pick up in demand.
Recovery in copper and other base metals at the London Metal Exchange in early trade today, after yesterday's meltdown, also supported the recovery in select base metal prices at the wholesale market here.
In the national capital, copper wire scrap, copper wire bar and copper mixed were up by Rs 2 each to Rs 359, Rs 378 and Rs 337, while nickel (4x4) traded higher by the same margin at Rs 866-980 per kg.
Following were today's quotations in Rs per kg
Tin ingot 795, zinc ingot 118.00, nickel plate (4x4) 866-980, gun metal scrap 226 bell metal scrap 228, copper wire scrap 359, copper wire bar 378, copper mixed scrap 337.00, Utensil scrap 224, Chadripital 175
Lead ingot 114, lead imported 117, aluminium ingots 100, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100