India: Domestic copper prices see downward correction

  • Indian domestic copper market saw a marginal fall in prices d-o-d today amid a 0.45% decrease in LME futures.
  • Armature scrap prices stood at INR 698,000/t exy-Delhi. Secondary rods prices were at INR 748,000/t ex-Delhi while primary copper rods prices decreased to INR 802,000/t.
  • However, the scrap availability in the market remains adequate, meeting current demand, sources informed.

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