Tag: Diwali demand for copper

India: Domestic, imported copper prices rise w-o-w as LME hits 3-month high

Sep 26, 2024

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by

Drishya Yadav

in Copper, Non Ferrous

Domestic copper armature prices were assessed at INR 760,000/tonne ($9,089/t) ex-Delhi, an increase of 2.2% w-o-w. Copper futures on the London Metal Exchange (LME) recently hit a three-month high, rising to $9,940/t — similar levels were last seen in July. Prices of secondary continuous casting rods (CCR) (99.90%) were at INR 815,000/t ($9,474/t) ex-Delhi, rising…