Zinc, copper rise on global cues

Prices of zinc and copper rose by Rs 2 per kg at the local non-ferrous metals market today on stockists buying amid a firm global trend.
Traders said sentiments turned better after zinc climbed in global markets as stockpiles tracked in London and Shanghai decreased and Goldman Sachs projected a global deficit this year.
Meanwhile, zinc for delivery in three months added 0.9 per cent to USD 2,359.75 a tonne at the London Metal Exchange.
In the national capital, zinc ingot and copper mixed scrap moved up by Rs 2 each to Rs 115-121 and Rs 432 per kg, respectively.

Following are today's metal rates (in Rs per kg):
Zinc ingot 115-121, Nickel plate (4x4) 1,088-1,094, Gun metal scrap 227, Bell metal scrap 229, Copper mixed scrap 432, Chadri deshi 285.
Lead ingot 111, Lead imported 109, Aluminium ingots 159, Aluminium sheet cutting 160, Aluminium wire scrap 162 and Aluminium utensils scrap 159.