India: Copper prices rise by up to 3% w-o-w
- Copper prices in the domestic market increased by 3% w-o-w. In Delhi, secondary rod and copper armature scrap were priced at INR 725,000/t and INR 682,000/t ex-works, respectively.
- Buyers are cautiously stockpiling materials before the new year, while sellers raised offers for their stocked items. Amid holidays in the US uncertainty looms on imported copper scrap to CIF Mundra.