India: Copper prices show mixed trends

Indian copper prices showed mixed trends today as LME futures dropped 1.21% to $8,921/t at the time of reporting. Armature scrap prices stood at INR 720,000/t exy-Delhi and secondary wire rod prices stood at INR 760,000/t exw-Delhi. The raw materials market is active and, while finished product demand has fallen slightly since last week, prices may remain rangebound.


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