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BS: Copper, nickel up on global cues
 
Copper and nickel prices rose by Rs 3 per kg in the local non-ferrous metals market today on good demand from the consuming industries amid firming global trend.

Traders said pick up in demand after reports of better trend in overseas markets mainly led to a rise in copper and nickel prices.

Meanwhile, copper for September delivery in Shanghai jumped 2 per cent to $7,561 a tonne.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were higher by Rs 2 each to Rs 355, Rs 374 and Rs 334 and nickel (4x4) gained Rs 3 to 881-995 per kg, respectively.

Following were today's quotations in Rs per kg:

Tin ingot 795, zinc ingot 121.00, nickel plate (4x4) 881-995, gun metal scrap 226 bell metal scrap 228, copper wire scrap 355, copper wire bar 374, copper mixed scrap 334.00, Utensil scrap 224, Chadripital 175

Lead ingot 118, lead imported 121, aluminium ingots 102, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100
Source