Prices of copper and zinc rose by up to Rs 2 per kg in the local non-ferrous metal market today on pick-up in industrial demand amid a firming trend at the London Metal Exchange (LME).
Traders said besides a firming trend at the LME, increased industrial demand pushed up copper and zinc prices.
Meanwhile, copper for three-month delivery climbed 1.2% to $8,902 a metric tonne on the LME. In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were rebounded by Rs 2 each to Rs 505, Rs 528 and Rs 488, respectively.
Zinc ingot advanced by a rupee at Rs 136.50 per kg.
Following were today's quotations Rs per kg:
Tin ingot 845, zinc ingot 136.50, nickel plate (4x4) 1,055-1,057, gun metal scrap 226 bell metal scrap 228, copper wire scrap 505, copper wire bar 528, copper mixed scrap 488, Utensil scrap 224, Chadripital 175
Lead ingot 143, lead imported 146, aluminium ingots 109, sheet cutting 110, aluminium wire scrap 110 and aluminium utensils scrap 107