Copper and nickel prices rose up to Rs 5 per kg on the local non-ferrous metal market today on fresh buying by stockists influenced by a firm trend in global markets.

Analysts said beside a firm trend in global markets, fresh demand from consuming industries pushed up copper and nickel prices.

Meanwhile, copper for three-month delivery rose by 1.4 per cent to $8,355.75 and nickel by 1.2 per cent to $22,830 a tonne on the London Metal Exchange.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were recovered by Rs 2 each, to Rs 441, Rs 465 and Rs 426, respectively, while nickel (4x4) gained Rs 5 to Rs 1,000-1,002 per kg.

Following were today's quotations in Rs per kg:

Tin ingot 815, zinc ingot 130.50, nickel plate (4x4) 1,000-1,002, gun metal scrap 226 bell metal scrap 228, copper wire scrap 441, copper wire bar 465, copper mixed scrap 426, Utensil scrap 224, Chadripital 175

Lead ingot 134, lead imported 136, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102

Source: http://www.business-standard.com/india/news/copper-nickel-upglobal-cues/117522/on