Nickel, tin prices up on strong global cues
Copper and nickel prices improved by a rupee to Rs 5 a kg in the non-ferrous metal market on Saturday due to fresh buying support on the back of higher London Metal Exchange advices.
By PTI |
NEW DELHI: Copper and nickel prices improved by a rupee to Rs 5 a kg in the non-ferrous metal market on Saturday due to fresh buying support on the back of higher London Metal Exchange advices.
Marketmen said higher London Metal Exchange advices mainly pushed up copper and nickel metal prices.
Nickel plate (4x4), (9x9) and (4x24) moved up by Rs 5 each towards lower end side and settled at Rs 1375-1430, Rs 1380-1440 and Rs 1390-1450 a kilo respectively.
Copper wire scrap, copper super d rod, copper wire bar copper mixed scrap, C C rod, Utensil scrap and Mixed scrap all rose by a rupee each at Rs 343, Rs 368, Rs 363, Rs 323, Rs 353, Rs 308 and Rs 303 a kg respectively.
However, other base metal prices maintained overnight levels on some support.
Marketmen said higher London Metal Exchange advices mainly pushed up copper and nickel metal prices.
Nickel plate (4x4), (9x9) and (4x24) moved up by Rs 5 each towards lower end side and settled at Rs 1375-1430, Rs 1380-1440 and Rs 1390-1450 a kilo respectively.
Copper wire scrap, copper super d rod, copper wire bar copper mixed scrap, C C rod, Utensil scrap and Mixed scrap all rose by a rupee each at Rs 343, Rs 368, Rs 363, Rs 323, Rs 353, Rs 308 and Rs 303 a kg respectively.
However, other base metal prices maintained overnight levels on some support.
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