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Nickel prices rise on stockists' buying

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Press Trust of India New Delhi

Nickel prices advanced by Rs 5 per kg at the non-ferrous metal market today on heavy buying by stockists following pick-up in demand from consuming industries.

Traders said, fresh stockists buying in view of pick-up in demand from alloy-makers at domestic spot market mainly led to rise in nickel prices.

In the national capital, nickel plate (4x4) rose by Rs 5 to Rs 875-880 per kg.

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

Zinc ingot Rs 140-146, nickel plate (4x4) Rs 875-880, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 438, 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.

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First Published: May 31 2018 | 3:11 PM IST

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