India: Copper prices move up d-o-d despite low trade volumes

Indian copper prices moved up d-o-d today amid volatile futures on LME. However, transactions were lesser compared to a couple of days back as buyers are procuring in small quantities and have adopted a wait-and-watch mode amid the volatile trends. Current prices –

• Armature scrap: INR 6,93,000/t.
• Secondary rods (8mm): INR 745,000/t
• Primary rods (8 mm): INR 805,000/t
• Prices are exw-Delhi.