Copper and nickel prices eased by Rs 2 per kg on the local non-ferrous base metals market today due to reduced offtake from consuming industries.

Traders said reduced offtake by consuming industries and reports of weak global trend mainly led to decline in copper and nickel prices.

In the national capital, copper mixed scrap and nickel (4x4) were traded lower by Rs 2 each to Rs 432 and Rs 1,068-1,069 per kg, respectively.

Following are today's metal rates per kg:

Zinc ingot 115-121, nickel plate (4x4) 1,068-1,069 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 432, chadri deshi 285.

Lead ingot 126, lead imported 124, aluminium ingots 148,Aluminium sheet cutting 149, aluminium wire scrap 151 and aluminium utensils scrap 148.

Source:- business-standard.com