Copper prices declined by Rs 2 per kg at the local non-ferrous base metals market today on subdued demand at prevailing higher levels amid a weak global trend.
Other metals, however, remained flat in thin trade.
Traders said subdued demand and a weak global trend mainly led to decline in copper prices.
Meanwhile, copper for delivery in March retreated 0.3 per cent to close at 52,210 yuan (USD 8,599) a tonne on the Shanghai Exchange. The London Metal Exchange was closed for Christmas holiday.
In the national capital, copper mixed scrap declined by Rs 2 to Rs 429 per kg.
The following are today's metal rates per kg:
Zinc ingot 111-117, nickel plate (4x4) 1,070-1,071 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 429, chadri deshi 285.
Lead ingot 138, lead imported 136, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.
