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Copper prices decline on lower global trend

Tuesday, Sep 01, 2009
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New Delhi, Aug 31 Copper prices fell by Rs 2 per kg on the wholesale non-ferrous metal market in the national capital today on stockists selling influenced by a weakening global trend. Trading sentiment in copper turned bearish as Copper for December delivery on the Shanghai Futures Exchange declined by 2.5 per cent to 49,420 yuan a tonne. In the national capital, copper wire scrap, copper wire bar and copper mixed scrap shed Rs 2 each at Rs 308, Rs 329 and Rs 288 per kg. Following are today&aposs quotations Rs per kg:. Tin ingot 770, zinc ingot 104.00, nickel plate (4x4) 856-966,gun metal scrap 225 bell metal scrap 230, copper wire scrap 308, copper wire bar 329, copper mixed scrap 288.00, Utensil scrap 223, Chadripital 175. Lead ingot 101, lead imported 105, aluminium ingots 107, sheet cutting 103, aluminium wire scrap 102 and aluminium utensils scrap 99.

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