India: Rising futures support domestic copper prices

Indian copper prices remained supported today amid an uptrend in futures which stood at $8,853/t at the time of reporting. Prices of armature scrap stood at INR 702,000/t exy and secondary wire rods at INR 744,000/t exw Delhi. Market participants shared that healthy transactions have been reported today amid improved sentiments. Prices are likely to remain rangebound until the end of the month.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *