Copper prices rose by Rs 2 per kg in the local non-ferrous metal market today, after tracking a firming trend in the London Metal Exchange on fall in holdings.
Trading sentiment in copper remained buoyant after copper climbed in London on speculation that a drop in stockpiles to a seven-month low indicated rising demand for the metal.
Meanwhile, copper for three-month delivery gained 1.6 per cent to $6,718 a metric tonne on the London Metal Exchange.
In the national capital, copper wire scrap, copper wire bar and copper mixed remained in demand and added another Rs 2 each to Rs 365, Rs 384 and Rs 343 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 795, zinc ingot 119.00, nickel plate (4x4) 870-984, gun metal scrap 226 bell metal scrap 228, copper wire scrap 365, copper wire bar 384, copper mixed scrap 343.00, 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
