AFP: Copper, nickel recover on better global trend
Copper and nickel strengthened today in the national capital and rose up to Rs 3 per kg fresh buying by stockists following better global trend.
Marketmen said fresh buying by stockists line with better trend on the London Metal Exchange and other Asian markets mainly led to a rise in select base metal prices.
Nickel plate (4x4) traded gained Rs 3 to Rs 670-830 per kg.
Copper wire scrap, copper super d rod, copper wire bar and copper mixed scrap were also inched up by Rs 2 each at Rs 223, Rs 240, Rs 245 and Rs 190 per kg respectively.
Following were today&aposs quotations Rs per kg:.
Tin ingot 750, zinc ingot (Hindustan) 80, nickel plate (4x4) 670-830, gun metal scrap 225 bell metal scrap 230, copper wire scrap 223, copper super D rod 240, copper wire bar 245, copper mixed scrap 190, Utensil scrap 230, Chadripital 165.