Base metals fall on weak global cues

New Delhi, May 4 () Base metal prices fell by up to Rs 5 per kg at the non-ferrous market today tracking a weak trend overseas.
Traders said sentiment turned bearish after metals from Shanghai to London extended their decline on global growth worries and amid a Chinese clampdown on commodity futures trading.
Meanwhile, copper fell 0.7 per cent to USD 4,885 a metric tonne on the London Metal Exchange.
In the national capital, copper mixed scrap and nickel plate (4x4) fell by Rs 2 and Rs 5 to Rs 362 and Rs 835-840 per kg respectively. Zinc ingot, lead ingot and lead imported also traded lower by Rs 2 each to Rs 94-100, Rs 72 and Rs 78 per kg, respectively.
In line with the overall trend, aluminium ingots, sheet cutting, wire scrap and utensils scrap also enquired lower by Rs 2 each to Rs 153, Rs 149, Rs 149 and Rs 147 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 94-100, Nickel plate (4x4) Rs 835-840, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 362, chadri deshi Rs 295.
Lead ingot Rs 72, lead imported Rs 78, aluminium ingots Rs 153, aluminium sheet cutting Rs 149, aluminium wire scrap Rs 149 and aluminium utensils scrap Rs 147. SUN KPS SBT MKJ