Nickel, tin prices rise

Nickel and tin prices hardened in the range of Rs 2-5 a kg in the non-ferrous metal market here on Monday owing to increased demand against higher London Metal Exchange (LME) advices.

Nickel plate 4x4, 9x9 and 4x24 enquired higher by Rs 5 eac h at Rs 1,355-1,510, Rs 1,385-1,505 and Rs 1,385-1,515 a kg respectively. Tin ingot also rose by Rs 2 to finish at Rs 802 a kg on pick up in demand.

At LME nickel jumped up by $850 at Rs 26,450 per on and tin rose by $120 at $15,175, boosted the market sentiment to some extent here too.

Tin ingot 802, zinc slab 146.00 zinc dross 117.00, nickel plate (4x4) 1355-1510, (9x9) 1385-1505, (4x24) 1385-1515, cadmium plate 410, Rod 390, antimony (china) 310, gun metal scrap 260, bell metal scrap 260, copper wire scrap 332, copper super d rod 352 , copper wire bar 352, copper mixed scrap 312, C C rod 345, Utensil scrap 304, Mixed scrap 299, Chadripital 240, brass sheet cutting 238, bullet scrap 253, bharat scrap 223, accessories scrap 220, brass boring 220-240, brass radiator scrap 210 and huny s crap 240. Lead ingot 100, Lead imported 136-141, Aluminium ingots 132, sheet cutting 127, aluminium wire scrap 122 and Aluminium utensils scrap 120.