Tin and zinc ease on poor offtake

Tin and zinc prices eased further at the non-ferrous metal market here today on stockists' selling amid poor offtake from alloy industries.

Elsewhere, copper cable scrap and copper billets also softened owing to mild demand from industrial users.

While, copper scrap heavy, copper utensils, copper sheet cuttings and lead recovered marginally due to fresh demand from consuming industries.

Tin moved down by Rs 5 per kg to Rs 1,325 from Wednesday's close at Rs 1,330 and zinc edged down by Rs 3 per kg to Rs 231 as against Rs 234 previously.

Copper cable scrap and copper billets inched down to Rs 432 and Rs 460 per kg, respectively.

However, copper scrap heavy, copper utensils, copper sheet cuttings, brass sheet cuttings and lead inched up (per kg) to Rs 425, Rs 388, Rs 409, Rs 330 and Rs 167, respectively.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)