Aluminium prices fell by another Rs 2 per kg at the non-ferrous metal market today largely in tandem with a weak trend overseas.
Traders said sentiment in aluminium remained bearish in line with a weak global trend where it fell 1.4 per cent, retreating for a fifth straight session, as the softening of the US sanctions on Russia's United Company Rusal continued to weigh on prices.
Globally, aluminium for delivery in three-month was down by 1.4 per cent to USD 2,196.50 a tonne, having closed down 3 per cent yesterday on the London Metal Exchange.
In the national capital, aluminium ingots, sheet cutting, wire scrap and utensils scrap drifted down by Rs 2 each to Rs 162, Rs 158, Rs 158 and Rs 156 per kg respctively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 128-134, nickel plate (4x4) Rs 840-845, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 429, chadri deshi Rs 295.
Lead ingot Rs 127, lead imported Rs 134, aluminium ingots Rs 162, aluminium sheet cutting Rs 158, aluminium wire scrap Rs 158 and aluminium utensils scrap Rs 156.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)