India: Copper prices rise following continuous uptrend in LME futures

  • Indian copper prices saw an uptick following an upward trend in LME futures. Futures rose to $8,990/t today, rising $80/t d-o-d, hitting more than a six-month high level supporting domestic prices.
  • Armature scrap prices are at INR 6,60,000/t exy-Delhi. Secondary and primary rods (8 mm) prices are at INR 710,000/t and INR 765,000/t, respectively, exw-Delhi.

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