India: Copper prices continue to edge up

  • India’s copper market saw a marginal rise in prices today amid positive LME futures by around 1.11% at $8,465/t.
  • Copper armature scrap prices are at INR 6,42,000/t exy-Delhi. Secondary and primary rods prices are at INR 692,000/t and INR 745,000/t exw-Delhi (8 mm).
  • Copper prices saw an upward trend on healthy buying at current prices. Prices may remain supported in the near-term.

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