India: Domestic copper prices fall by up to 3.5% d-o-d

Domestic copper armature scrap prices fell to INR 722,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) plunged by $200/t to $8,880/t d-o-d. Secondary copper rod prices were at INR 767,000/t. In the imported segment, brass honey 2% from Australia was heard at 61% LME and USA copper motors mix was heard at $1,100-1,150/t CFR Mundra.