India: Copper prices continue to edge down

  • Indian copper prices fell marginally d-o-d today despite an uptick in LME futures by 2% to $8,419/t.
  • Armature scrap prices are at INR 6,38,000/t exy-Delhi. Secondary and primary rods prices are at INR 688,000/t and INR 740,000/t exw (8 mm), respectively.
  • Copper prices declined as market players showed less buying interest today.

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