Copper weakens on muted demand

PTI Feeds
Copper weakens on muted demand

New Delhi, Apr 27 (PTI) Copper prices softened by Rs 3 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.

Traders attributed the slide in copper prices to subdued demand from consuming industries at domestic spot market.

In the national capital, copper mixed scrap fell by Rs 3 to Rs 341 per kg.

Following are today’s metal rates (in Rs per kg): Zinc ingot Rs 102-108, Nickel plate (4×4) Rs 785-790, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 341, chadri deshi Rs 295.

Lead ingot Rs 91, lead imported Rs 97, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

This is published unedited from the PTI feed.