India: Copper prices remain stable d-o-d

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Copper prices in the India’s domestic market remained stable d-o-d today.
Armature scrap prices stood at INR 698,000/t exy-Delhi while secondary copper rods prices were at INR 748,000/t ex-Delhi. On the other hand, primary rods prices increased 0.6% to INR 797,000/t ex-Delhi on better demand.
Copper prices are likely to remain supportive in the near term.

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