India: Copper prices remain positive d-o-d

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Indian copper market saw marginal rise in prices today amid positive LME futures by 0.20% to $8,354/t at the time of publishing.
Copper armature scrap prices are at INR 6,35,000/t exy-Delhi. Secondary and primary rods prices are at INR 683,000/t and INR 740,000/t exw-Delhi (8 mm).
Volatility in LME futures on currency’s continuous depreciation compelled buyers to become cautious which is raising the cost of materials.

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