Hind Copper raises prices by 4%

The latest revision raises copper prices in India by over 21 per cent since October

Government-owned Hindustan Copper has raised prices by over 4 per cent in January to align them with those prevailing on the London Metal Exchange (LME).

With this revision, copper cathode full is quoted at Rs 421,863 a tonne for January compared to Rs 405,010 a tonne for December. Similarly, continuous cast copper wire rod of 11 mm is quoted at Rs 431,283 a tonne for this month against Rs 414,414 a tonne for the previous month. 

Normally, Hindustan Copper sets benchmark copper prices among primary producers in India. Revised every month based on price movements on the LME, currency rates,