Indian Express reported that Copper and nickel prices rose by INR 2 per kg each on the non ferrous metal market today on increased demand from consuming industries and a firming trend at the London Metal Exchange.
Traders said the rise in select base metal prices was mostly attributed to rising demand from consuming industries and a firming trend at the London Metal Exchange.
Meanwhile, copper for delivery in three months climbed 0.5% to USD 7,955.25 a tonne at the LME.
In the national capital, copper mixed scrap and nickel (4x4) rose by INR 2 each INR 417 and INR 1,049-1,052 per kg respectively.
Source:
http://www.steelguru.com/stainless_steel_news/Copper_and_Nickel_rises_on_increased_demand/296823.html
