India: Copper prices fall marginally d-o-d

The domestic copper market saw a marginal fall in prices d-o-d today. Armature scrap prices fell by INR 4,000/t whereas wire rod spot prices declined by up to INR 17,000/t. Trade channels informed, there is no scrap shortage in the market at present and sporadic contracts of wire rods have been heard concluded. Armature scrap prices are recorded at INR 612,000/t ex-Delhi.


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