India: Copper prices rise d-o-d on rising LME futures

  • India’s copper market saw prices rising amid positive LME futures by around 1% today to $8,439/t at the time of publishing.
  • Copper armature scrap prices are at INR 6,44,000/t exy-Delhi. Secondary and primary rods (8 mm) prices are at INR 693,000/t and INR 745,000/t, respectively, on exw-Delhi basis. Prices may remain supported in the near term.

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