Domestic copper prices rose up to 1.5% today. Armature scrap touched INR 760,000/t and secondary rods, INR 806,000/t, ex-Delhi. However, buyers bid for CCR below INR 800,000/t. Bids for primary CC rods touched INR 825,000/t, but sellers offered at INR 835,000/t, causing bid-offer disparities. US aluminum talk hovered at 53% of LME prices. LME 3-month futures touched nearly two-year high of $9,516/t.
