Archive · 3 Jan 2026
Copper Prices Rise on MCX
Copper prices went up on the Multi Commodity Exchange (MCX) in India.
The price for January delivery was Rs 1,304.55 per kg, and for February, it was Rs 1,322.45 per kg.
This happened because there are worries about not having enough copper supplies and because China is buying a lot of copper.
On the global market, copper prices also went up.
Experts think that in 2026, copper prices might keep going up because of these same reasons.
This is good news for people who invest in copper.
Additionally, gold and silver prices have also seen significant movements, with gold consolidating at high levels and silver outperforming due to strong industrial demand.
Copper futures on MCX rose nearly 1% to Rs 1,304.55 per kg for January delivery and 0.85% to Rs 1,322.45 per kg for February delivery.
Global copper prices also rose, with Comex futures up 0.83% to USD 5.73 per pound.
Supply concerns and strong demand from China are driving the price increase.
Experts predict a positive outlook for copper prices in 2026 due to ongoing supply issues and potential stimulus from China.
Gold and silver prices also saw significant movements, with gold consolidating at high levels and silver outperforming due to strong industrial demand.
- Who
- Investors and traders in copper futures, metal producers, and commodity market analysts
- What
- Rise in copper prices on MCX and global markets, along with fluctuations in gold and silver prices
- When
- Friday (specific date not mentioned)
- Where
- Multi Commodity Exchange (MCX), Comex, London Metals Exchange (LME)
- Why
- Persistent supply concerns, strong demand from China, and structural demand for industrial metals
Supply and Demand Dynamics
Market Sentiment and Investor Focus
Price Drivers
Supply and Demand Dynamics
Supply concerns and strong demand from China are driving the price increase.
Market Sentiment and Investor Focus
Investor focus is shifting from price momentum to sales growth, margins, and quarterly results.
- Copper Futures Price (January Delivery)
- Rs 1,304.55 per kg
- Copper Futures Price (February Delivery)
- Rs 1,322.45 per kg
- Comex Copper Futures (March Delivery)
- USD 5.73 per pound
- LME Copper Price
- USD 12,494 per tonne
- Key Factors
- Supply concerns, strong China demand
- Gold Futures Price (February Delivery)
- Rs 1,36,742 per 10 grams
- Silver Futures Price
- Rs 2,40,500 per kg
