India: Copper prices contract marginally d-o-d

The domestic copper market saw marginal downfall in prices d-o-d today amid fall in LME future prices by 1.30% in today’s session. Meanwhile, scrap and secondary wire rods inquiries slightly declined in the domestic market which made local prices to drop marginally. Buyers adopted a wait-and-watch mode for more clarity in exchange prices. Copper armature prices were at INR 631,000/t exy-Delhi.


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