India: Copper prices see an upward movement d-o-d

  • Indian copper market saw marginal rise in prices today amid positive LME futures by 1.7% to $8,439/t.
  • Copper armature scrap prices are at INR 6,40,000/t exy-Delhi. Secondary and primary rods prices are at INR 690,000/t and INR 742,000/t exw-Delhi (8 mm).
  • Copper prices are rising on decent domestic demand as buyers are procuring material despite the uncertainties caused by a spike in Covid cases.

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