India: Copper prices fall d-o-d amid slow market activities

Copper armature scrap prices in the India’s domestic market stood at INR 702,000/t exy-Delhi today, down INR 5,000/t d-o-d against 7 Mar’23. Primary copper rods prices fell by 1.9% d-o-d to INR 785,000/t exw amid a drop in LME futures to $8,790/t from around $9,000/t last week. Sources said that the market is slow due to festive holidays, and sellers are cautious due to price volatility.


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