NEW DELHI: Copper prices fell by Rs 2 per kg on the local non-ferrous metal market today largely in line with a weak global trend.
Traders said sentiment in Copper remained bearish after the metal in global markets as concerns that demand from China, the largest user, will decline outweighed country's plans to reduce production capacity.
Meanwhile, copper for delivery in three months fell 0.6 per cent to USD 6,961 a tonne on the London Metal Exchange.
In the national capital, copper scrap mixed scrap shed Rs 2 to Rs 406 per kg.
The following are today's metal rates per kg: Zinc ingot 109-115, nickel plate (4x4) 1,029-1,032 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 406, chadri deshi 285.
Lead ingot 147, lead imported 143, aluminium ingots 142, sheet cutting 143, aluminium wire scrap 146 and aluminium utensils scrap 142.
