India: Copper prices rise d-o-d

Copper armature scrap prices in Delhi rose to INR 707,000/t exy today. Primary copper rods were up 1.65% to INR 800,000/t as LME futures rose $131/t d-o-d to $9,092/t today, supporting local prices. Buying enquiries rose it being the start of the month, resulting in decent domestic transactions. Recovery in China’s economy, biggest copper buyer, lent support to LME prices.


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