Copper prices fell by Rs 2 per kg in the local non-ferrous metals market today on sustained selling by stockists on the back of weakening global trend.
Marketmen said sustained selling by stockists after a weakening trend in the London Metal Exchange led to a fall in copper prices.
Meanwhile, copper for three-month delivery shed 0.4 per cent to $6,582 a metric tonne on the London Metal Exchange.
Copper wire scrap, copper wire bar and copper mixed scrap remained under selling pressure and lost Rs 2 each to Rs 355, Rs 374 and Rs 333 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 795, zinc ingot 122, nickel plate (4x4) 874- 988, gun metal scrap 226 bell metal scrap 228, copper wire scrap 355, copper wire bar 374, copper mixed scrap 333, utensil scrap 224, Chadripital 175
Lead ingot 117, lead imported 120, aluminium ingots 102, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100
