Author: Faizan Khan

  • India: Copper prices exhibit downward trend as stocks rise

    India: Copper prices exhibit downward trend as stocks rise

    Copper prices in the Indian domestic market witnessed considerable downward correction on a d-o-d basis today. The major price contract, a benchmark, was proportionately reduced by primary copper wire rods manufacturers by 1.7% or INR 13,000/t ($168/t) to INR 763,000/t ($9,850/t) followed by copper armature scrap which reduced by INR 8,000/t ($103/t). Secondary continuous casting…