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Copper Futures Surge on Strong Spot Demand
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News18•30-09-2026, 14:30
Copper Futures Surge on Strong Spot Demand
- •Copper futures increased by Rs 7.10 to Rs 1,409 per kilogram on Wednesday.
- •The rise is attributed to firm spot demand in the market.
- •On the Multi Commodity Exchange, October delivery contracts saw a 0.51 percent increase.
- •A total of 1,823 lots were traded for copper contracts.
- •Analysts link the price hike to increased participation and higher bets from traders.
Key Questions Answered
Copper futures increased due to higher spot demand and increased bets by market participants.
Copper contracts for October delivery went up by Rs 7.10, or 0.51 per cent, to reach Rs 1,409 per kilogram on the Multi Commodity Exchange.
The business turnover for copper contracts on Wednesday recorded a total of 1,823 lots.
