Copper weakens on muted demand

NEW DELHI, Jan 2:  Copper prices declined by Rs 2 per kg at the non-ferrous metals market today following sluggish demand from consuming industries.
However, other base metals moved in a narrow range in scattered deals, settling around previous levels.
Traders said tepid demand from consuming industries kept the copper prices lower.
In the national capital, copper mixed scrap declined by Rs 2 to Rs 347 per kg.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 96-102, Nickel plate (4×4) Rs 835-840, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 347, Chadri deshi Rs 295.
Lead ingot Rs 78, lead imported Rs 84, aluminium ingots Rs 140, aluminium sheet cutting Rs 136, aluminium wire scrap Rs 136 and aluminium utensils scrap Rs 134. (PTI)