India: Copper prices remain flat d-o-d

  • Copper prices in the India’s domestic market remained stable d-o-d today despite a marginal 0.57% increase in LME futures.
  • Armature scrap prices stood at INR 698,000/t exy-Delhi while secondary copper rods prices were at INR 748,000/t ex-Delhi.
  • On the other hand, primary rods prices decreased 1.2% to INR 792,000/t ex-Delhi on slow demand.
  • Trade sources informed that production has reduced due to limited enquiries.

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