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Copper falls on weak global cues

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Press Trust of India New Delhi

Copper prices declined by Rs 2 per kg on the wholesale non-ferrous metal market today owing to slackness in demand from consuming industries, amid weak trend at the London Metal Exchange (LME).

Copper dropped 0.3 per cent to $10,135 a tonne on the LME.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were traded lower by Rs 2 each to Rs 523, Rs 546 and Rs 507 per kg, respectively.  

Following were today's quotations in Rs per kg:

Tin ingot 845, zinc ingot 132.50, nickel plate (4x4) 1,062-1,064, gun metal scrap 226 bell metal scrap 228, copper wire scrap 523, copper wire bar 546, copper mixed scrap 507, Utensil scrap 224, Chadripital 175

 

Lead ingot 139, lead imported 141, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102.

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First Published: Feb 15 2011 | 2:57 PM IST

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