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Copper prices soften on low demand

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Press Trust of India New Delhi

Copper prices drifted lower

by Rs 3 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.

Traders said tepid demand from consuming industries at

domestic spot market weighed on copper prices.

In the national capital, copper mixed scrap shed Rs 3 to Rs 440 per kg.

Following are today's metal rates (in Rs per kg):

Zinc ingot Rs 140-146, nickel plate (4x4) Rs 863-868,

gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed

scrap Rs 440, chadri deshi Rs 295.

Lead ingot Rs 141, lead imported Rs 148, aluminium ingots

Rs 168, aluminium sheet cutting Rs 164, aluminium wire scrap

Rs 164 and aluminium utensils scrap Rs 162.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 26 2018 | 2:15 PM IST

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