Indian copper prices continued the uptrend even as LME futures drop by 1.11% d-o-d to $8,930/t at the reporting time. Prices of armature scrap stood at INR 716,000/t exy-Delhi and those of secondary wire rods at INR 763,000/t exw-Delhi. Though transactions remained low-to-moderate amid uncertainty as the financial year-end is nearing, prices remained supported on improved demand in the finished segment.
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