India: Copper prices edge down d-o-d

BigMint’s assessment of domestic copper armature scrap prices stood at INR 772,000/t exy-Delhi, down by 1% d-o-d. Notably, copper prices on the London Metal Exchange (LME) remained rangebound at $9,685/t. Secondary rods prices were heard at INR 820,000/t, down 1.9%. The market remained slow side, with imported offers for brass honey heard below 60% LME from the US and Australia.


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