Copper prices rose further for the third straight day by adding Rs 5 per kg on the local non-ferrous metal market today on increased demand from consuming industries, amid a firm trend at the London Metal Exchange (LME).
Market analysts said increased demand from consuming industries and reports of a firm trend at the LME pushed up copper prices.
Meanwhile, copper for three-month delivery in gained 0.9 per cent to $8,432.50 a tonne on the LME.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were strengthened by Rs 5 each to Rs 448, Rs 472 and Rs 433 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 815, zinc ingot 130.50, nickel plate (4x4) 1,005-1,007, gun metal scrap 226 bell metal scrap 228, copper wire scrap 448, copper wire bar 472, copper mixed scrap 433, Utensil scrap 224, Chadripital 175
Lead ingot 134, lead imported 136, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102
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