Tag: speculative copper buying
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India: Imported copper scrap market strengthens w-o-w as LME prices climb to nearly $11,500/t
Global offers stable, Indian buying muted Domestic copper scrap firms up as demand improves Imported copper scrap prices in India moved higher w-o-w on 4 December, supported by positive momentum in LME futures. Domestic scrap prices also firmed as market sentiment stabilised, and activity recovered from the post-festive slowdown. Buying remained cautious, however, with LME’s…