Business Standard

Copper, zinc weaken on muted demand

Image

Press Trust of India New Delhi

Prices of copper and zinc eased by Rs 2 per kg at the non-ferrous metals market today owing to slackened demand from consuming industries.

Traders said tepid demand from consuming industries at domestic spot market kept copper mixed scrap and zinc ingot lower.

In the national capital, copper mixed scrap and zinc ingot declined by Rs 2 each to Rs 134-140 and Rs 429 per kg, respectively.

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

Zinc ingot Rs 134-140, nickel plate (4x4) Rs 868-873, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 429, chadri deshi Rs 295.

 

Lead ingot Rs 137, lead imported Rs 144, 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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2018 | 3:00 PM IST

Explore News