Copper prices declined by Rs 2 per kg in the local metal market today on fresh selling by stockists, influenced by a weak trend in prices at the London Metal Exchange (LME).
Reduced offtake from consuming industries, particularly alloy-makers also influenced the copper prices.
Meanwhile, copper for three-month fell 1.4 per cent to $7,322.25 a metric tonne on the LME.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were down by Rs 2 each to Rs 370, Rs 389 and Rs 350 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 795, zinc ingot 116.50, nickel plate (4x4) 880-994, gun metal scrap 226, bell metal scrap 228, copper wire scrap 370, copper wire bar 389, copper mixed scrap 350.00, Utensil scrap 224, Chadripital 175
Lead ingot 115, lead imported 118, aluminium ingots 100, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100
