India: Copper prices remain stable

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by

in Copper, Non Ferrous

Copper prices in India remain stable d-o-d.
Armature scrap prices are at INR 696,000/t exy-Delhi, while secondary copper rods prices are at INR 745,000/t ex-Delhi. Primary rods prices decreased by 0.5% to INR 783,000/t ex-Delhi.
Some scrap sellers opted to wait and watch amid moderate transactions.
Copper prices are likely to remain rangebound in the near term.

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