Buoyed by firming trend at the London Metal Exchange, copper and other base metal prices recovered up to Rs 5 per kg in the non-ferrous metals market today.
Increased offtake by consuming industries at the spot markets also influenced the hike in prices.
Marketmen said sentiment turned better after copper climbed to a 27-month high in London and New York, as demand prospects improved and dollar declined.
Meanwhile, copper for three-month rose 0.8 per cent to $8,415, the highest level since July 2008 and lead rose 0.4 per cent to $2,385 a metric tonne, the highest level since April on the London Metal Exchange.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap recovered by Rs 5 each to Rs 428, Rs 447 and Rs 408, while nickel (4x4) followed suit and traded higher by the same margin to Rs 990-992 per kg.
Zinc ingot, lead ingot and lead imported were also up by Rs two each to Rs 125.50, Rs 127 and Rs 129 per kg.
Following were today's quotations in Rs per kg:
Tin ingot 815, zinc ingot 125.50, nickel plate (4x4) 990 -992, gun metal scrap 226, bell metal scrap 228, copper wire scrap 428, copper wire bar 447, copper mixed scrap 408.00, Utensil scrap 224, Chadripital 175
Lead ingot 127, lead imported 129, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102
