India: Copper prices see slight downfall d-o-d

  • Indian copper market saw marginal fall in prices today despite positive LME futures by 0.87% to $8,382/t.
  • Copper armature scrap prices are at INR 6,35,000/t exy-Delhi. Secondary and primary rods prices are at INR 683,000/t and INR 738,000/t exw-Delhi (8 mm).
  • Copper prices saw marginal fall as buyers moved sideways. Morever, rise in Covid cases has led to an uncertainty in the market.

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