Author: Faizan Khan
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India: Copper downward trend continues on weakening exchange prices
Domestic copper armature prices inched down 1% to INR 644,000/t ($8,219/t), exy-Delhi, compared to 24 June levels. Prices of secondary copper wire rods also fell 1.3% to INR 693,000/t ($8,845/t) today exw-Delhi, as against 24 June. LME cash price is down 3.5% to $8,281/t and LME three-month copper contract prices fell 0.33% to $8,381/t on…