India: Copper prices edge up following futures

Domestic copper armature scrap prices edged up to INR 786,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) have moved up by $280/t w-o-w to $9,930/t. Secondary copper rod prices were assessed at INR 840,000/t. Offers of imported US copper motors mix were at $1,230-1,250/t CFR Mundra. Brass honey from Australia 2% attachment current offers heard at 61% LME.


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