Stories
Copper Futures Drop as Muted Demand Hits Prices
N
News18•23-09-2026, 12:15
Copper Futures Drop as Muted Demand Hits Prices
- •Copper prices fell by Rs 4 to Rs 1,420.50 per kilogram in futures trade on Wednesday.
- •The decline is attributed to muted demand in the domestic spot market.
- •On the Multi Commodity Exchange (MCX), the October delivery contract for copper slipped 0.28 per cent.
- •Subdued domestic demand from consuming industries weighed on the red metal’s prices.
Key Questions Answered
Copper futures dropped due to subdued and muted demand in the domestic spot market from consuming industries.
The copper contract for October delivery slipped by Rs 4, representing a 0.28 per cent decrease to settle at Rs 1,420.50 per kg in 1,124 lots.
The decline in copper futures was recorded on the Multi Commodity Exchange (MCX).