Copper prices recovered by Rs 2 per kg at the local non-ferrous base metals market today on increased industrial demand amid a firm global trend.
Traders said buying activity in copper picked up after it advanced in overseas markets as some investors said the metal was oversold after signs of slowing demand in China led to the biggest two-day slump in 28 months.
Meanwhile, copper for delivery in three months gained 0.7 per cent to USD 6,695.75 a tonne on the London Metal Exchange.
In the national capital, copper mixed scrap recovered by Rs 2 to Rs 436 per kg.
The following are today's metal rates per kg:
Zinc ingot 115-121, nickel plate (4x4) 1,055-1,056 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 436, chadri deshi 285.
Lead ingot 132, lead imported 130, aluminium ingots 146, Aluminium sheet cutting 147, aluminium wire scrap 149 and aluminium utensils scrap 146.
