Domestic copper prices rose by up to 2.9% today amid strong bullish sentiments. Armature scrap touched INR 809,000/t and secondary rods, INR 863,000/t, ex-Delhi following futures rally i.e LME 3-month futures, which were at $10,000/t. Prices are at a 2-year high in LME as markets anticipate a deficit in copper supplies in 2024.