Copper, nickel prices hit a soft patch

Prices of copper and nickel drifted lower by up to Rs 5 per kg in the non-ferrous metal market today, hurt by easing demand from consuming industries.
Traders attributed the weakness to tepid demand in the domestic spot market.
In the national capital, copper mixed scrap and nickel plate (4x4) fell by Rs 2 and Rs 5 to Rs 389 and Rs 757-762 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 122-128, Nickel plate (4x4) Rs 757-762, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 389 and chadri deshi Rs 295.

Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.