Copper weakens on tepid demand

NEW DELHI, May 27: Copper prices declined by Rs 2 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries at domestic spot market.
Traders said subdued demand from consuming industries at domestic spot market, mainly led to the decline in copper prices.
In the national capital, copper mixed scrap traded lower by Rs 2 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 785-795, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 341, chadri deshi Rs 295.
Lead ingot Rs 92, lead imported Rs 98, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148. (PTI)