Copper armature scrap and secondary copper rods prices in Delhi increased today to INR 696,000/t exy and INR 750,000/t exw, respectively. Primary rods prices increased by 1.3% to INR 800,000/t on healthy demand and rise in LME futures by 0.60% to $9,307/t today. Buyers have been actively booking finished copper products in expectation of further price hike, while sellers are trying to hold back offers.
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