India: Copper prices remain stable d-o-d

  • Copper armature scrap and secondary rods prices in Delhi remained stable d-o-d today at INR 696,000/t exy and INR 745,000/t exw respectively. Market participants are still in a wait-and-watch mode as LME copper futures are hovering between $8,870-$8,950/t from past few days, sources informed.
  • Whereas primary copper rods prices increased by 0.3% to INR 785,000/t exw on improved enquiries.

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