Indian copper prices continue to edge lower d-o-d
Domestic copper armature prices are assessed at INR 772,000/t exy-Delhi. Prices of secondary CCR rods (99%) are at INR 830,000/t ex Delhi, down 1.3% w-o-w. Primary CC rods have been assessed at INR 870,000/t, down 0.6%, as buyers opted for a wait-and-watch strategy expecting prices to fall further. Birch cliff traded at 92% LME yesterday, while mixed motors was heard at $1,200-1,250/t CIF Mundra.