BigMint’s assessment of domestic copper armature prices have been reported at INR 845,000/t, exy-Delhi, rising w-o-w, reflecting an increase of 3%. Notably copper prices in the futures market of London Metal Exchange (LME) have hit over 2-year high levels i.e. up over $11,000/t levels recently making local prices surge with imported offers of copper small motors from EU/USA heard at $1,400-1,450/t to Mundra.
