Copper prices strengthened by Rs 5 per kg at the non-ferrous metal market today, tracking a firm trend overseas amid pick-up in demand from consuming industries.
Traders said, a firm trend overseas as the dollar softened and the World Bank issued a solid view of global economic growth, kept copper prices higher.
Globally, copper for delivery in three months edged 0.1 per cent higher to USD 7,110.50 per tonne on the London Metal Exchange.
Besides, rising demand from consuming industries at domestic spot market fuelled the uptrend.
In the national capital, copper mixed scrap advanced by Rs 5 to Rs 400 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 120-126, Nickel plate (4x4) Rs 750-755, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 400, chadri deshi Rs 295.
Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.
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