India: Copper prices remain range-bound d-o-d

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Indian copper market saw rangebound level in prices today despite negative LME futures by 0.28% to $8,370/t.
Copper armature scrap prices are at INR 6,36,000/t exy-Delhi. Secondary and primary rods prices are at INR 685,000/t and INR 740,000/t exw-Delhi (8 mm).
Copper prices are still on the higher side on decent demand. Also, sellers are not willing to lower their offers amid volatility in LME futures.

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