Base metals rose by up to Rs 5 per kg in the local non-ferrous metal market today on buying by stockists influenced by a firm overseas trend.
Traders said sustained buying by stockists influenced by a firming global trend mainly led to rise in base metal prices.
Meanwhile, copper for three-month delivery rose 1.1 per cent to $9,444.50 and nickel climbed two per cent to $25,800 a metric tonne on the London Metal Exchange.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap remained in demand and advanced by Rs 5 each to Rs 522, Rs 545 and Rs 506 per kg, respectively.
Nickel (4x4) followed suit and traded higher by the same margin to Rs 1,082-1,084 per kg.
In line with the general firming trend, zinc ingot, lead ingot and lead imported were also enquired higher by Rs 2 each to Rs 134.50, Rs 143 and Rs 145 per kg, respectively.
Following were today's quotations per kg:
Tin ingot 857, zinc ingot 134.50, nickel plate (4x4) 1,082-1,084, gun metal scrap 226 bell metal scrap 228, copper wire scrap 522, copper wire bar 545, copper mixed scrap 506, Utensil scrap 224, Chadripital 175
Lead ingot 143, lead imported 145, aluminium ingots 104, sheet cutting 105, aluminium wire scrap 105 and aluminium utensils scrap 102
