India: Copper prices see an upward movement

  • Indian copper market saw marginal rise in prices today amid positive LME futures by 0.3% at $8,374/t.
  • Copper armature scrap prices are at INR 6,40,000/t exy-Delhi. Secondary and primary rods prices are at INR 690,000/t and INR 740,000/t exw-Delhi (8 mm).
  • Copper prices saw an upward trend on a healthy trading owing to start of the new year. Prices may remain supported in the near-term.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *