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Base metals recover on global cues, spot demand

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Press Trust of India New Delhi
Last Updated : Apr 13 2018 | 3:00 PM IST

Base metal prices rose by up to Rs 5 at the non-ferrous metal market today, tracking a firm trend overseas amid pick up in demand from consuming industries.

Traders said besides firm trend overseas, uptick in demand from consuming industries at domestic spot market,led to rise in base metal prices.

Globally, copper for delivery in three-month rose 0.2 per cent to USD 6,837.00 per metric tonne on the London Metal Exchange.

In the national capital, Copper mixed scrap and nickel plate (4x4) rebounded by Rs 2 and Rs 5 to Rs 420 and Rs 828-833 per kg respectively.

Zinc ingot, lead ingot and lead imported too enquired higher by Rs 2 each to Rs 126-132, Rs 125 and Rs 132 per kg, respectively.

Following are today's metal rates (in Rs per kg):

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First Published: Apr 13 2018 | 3:00 PM IST

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