India: Domestic copper prices inch up d-o-d

Domestic copper armature scrap prices moved up d-o-d to INR 764,000/t exy-Delhi, driven by demand for white goods ahead of the Diwali festival. Secondary rods were at INR 818,000/t exw-Delhi, with some trades heard. UK copper motors mix was heard traded at $1,200-1,250/t to CIF Mundra and $1,270/t CFR Qasim. EU Brass Honey 5-6% was heard at 58% CIF west coast.


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