India: Copper prices move up marginally d-o-d

  • The domestic copper market saw a marginal rise in prices d-o-d today on positive LME future prices that rebounded to the previous level of $8,500/t in today’s session. Meanwhile, wire rods inquiries slightly improved in the domestic market.
  • Sources shared that an improving scenario in China may support exchange prices.
  • Copper scrap prices are projected to be positive with improvements in copper LME levels.

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