India’s copper market saw a decrease in prices today as against 10 Feb, due to limited activities and low demand for finished products in domestic market. Armature scrap prices stood at INR 696,000/t exy-Delhi. Primary copper rods prices fell 1% to INR 787,000/t while secondary rods prices stood at INR 745,000/t, both ex-Delhi. Buyers hope prices to come down further resulting in low demand at current prices.
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