Prices of copper and nickel drifted down by up to Rs 3 per kg at the non-ferrous metals market Thursday due to muted demand from consuming industries amid weak trend overseas.
Traders said besides easing demand from consuming industries at domestic spot market, a weak trend overseas mainly led to decline in copper and nickel prices.
Meanwhile, copper for delivery in three-month fell 0.7 per cent to USD 6,271 per metric tonne on the London Metal Exchange.
In the national capital, copepr mixed scrap and nickel plate (4x4) fell by Rs 2 and Rs 3 to Rs 443 and Rs 940-942 per kg respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 145-151, nickel plate (4x4) Rs 940-942, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 443, chadri deshi Rs 295.
Lead ingot Rs 148, lead imported Rs 155, aluminium ingots Rs 170, aluminium sheet cutting Rs 166, aluminium wire scrap Rs 166 and aluminium utensils scrap Rs 164.
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