Copper trades lower on reduced industrial demand

Copper prices declined by Rs 2 per kg on the local metal market today,due to reduced industrial demand.

Copper prices declined by Rs 2 per kg on the local non-ferrous metal market today,due to reduced industrial demand.

In the national capital,copper mixed scrap shed Rs 2 to 383 per kg.

Other base metals,including,zinc and lead,however,settled at previous levels.

The following are metal rates (in Rs per kg):

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Zinc ingot 122-128,nickel plate (4×4) 1,054-1,056,gun metal scrap 226,bell metal scrap 228,copper mixed scrap 383,chadri deshi 285.

Lead ingot 129,lead imported 127,aluminium ingots 123,sheet cutting 125,aluminium wire scrap 129 and aluminium utensils scrap 124.

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