India: Copper prices continue rising following strenghtening futures

  • Indian copper prices increased by up to INR 10,000/t or 1.3% amid active buying in the domestic market. Most trade channels foresee that near-term prices may remain supportive as LME copper futures touch a six-month high level.
  • Armature scrap prices are at INR 6,72,000/t exy-Delhi. Secondary and primary rods (8 mm) prices are at INR 722,000/t and INR 785,000/t respectively, both exw-Delhi.

Comments

Leave a Reply

Your email address will not be published.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