Domestic copper prices rose up to 1.7% today amid strong demand and bullish sentiments. Armature scrap touched INR 773,000/t and secondary rods, INR 820,000/t, ex-Delhi. Copper armature was traded at INR 773,000/t ex Delhi ~ 15 and copper secondary CCR was traded at INR 820,000/t in Delhi recently ~ 30 t. US aluminum talk hovered at 53.5-53.75% of LME prices. LME 3-month futures were at $9,462/t. Australia copper cable (60%) price levels heard at 93.5% LME recently.
