Copper prices recovered by Rs 3 per kg on the local non-ferrous metal market today on fresh buying by stockists in tandem with a firming trend at the London Metal Exchange.
Traders said fresh buying by stockists after reports of firming trend at the London Metal Exchange pushed up copper prices. Meanwhile, copper for delivery in three months jumped 1.1 per cent to $6,770 a metric tonne on the London Metal Exchange.
Copper wire scrap, copper wire bar and copper mixed scrap recovered by Rs 3 each to Rs 358, Rs 377 and Rs 336 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 795, zinc ingot 122.00, nickel plate (4x4) 874- 988, gun metal scrap 226 bell metal scrap 228, copper wire scrap 358, copper wire bar 377, copper mixed scrap 336.00, Utensil scrap 224, Chadripital 175
Lead ingot 119, lead imported 122, aluminium ingots 102, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100