- Domestic copper armature scrap prices remain rangebound d-o-d at INR 719,000/t ($9,282/t), an increase of INR 1,000/t ($13/t) from yesterday.
- On Multi Commodity Exchange (MCX), total stocks of copper cathode were recorded at 1,635 t on 10 May’22, stable d-o-d.
- Prices are on the lower side in the domestic market as demand is weak from one of the world’s largest copper consumers, China, due to COVID-19 lockdowns.
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