India: Copper prices remain largely stable d-o-d

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Copper market saw largely stable prices today despite a positive LME futures by 0.20% to $8,337/t at the time of publishing this report.
Copper armature scrap prices are at INR 6,32,000/t exy-Delhi. Secondary and primary rods prices are at INR 680,000/t and INR 740,000/t exw-Delhi (8 mm).
Sources shared that considering the volatility in LME futures, sellers opted a wait-and-watch mode and prices may remain volatile.

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