Copper prices declined by 0.36% to close at Rs 1,108, influenced by increasing oil prices and persistent tensions in the Middle East, which have heightened concerns regarding inflation and global economic growth. The surge in energy prices has prompted a more prudent approach from central banks, as policymakers indicate that inflationary pressures could postpone or Read More
Copper prices experienced significant downward pressure, declining by 2% to close at Rs 1153, influenced by increasing inventories and overarching macroeconomic concerns that dampened market sentiment. Stocks in LME warehouses increased to 334,100 tons, marking the highest level since August 2019, indicative of a robust near-term supply situation. The widening discount between the cash contract Read More
Copper prices declined by 0.51%, closing at Rs 1,181.35, influenced by a robust U.S. dollar and ongoing inflationary pressures that dampened market sentiment. Heightened oil prices have intensified inflationary pressures, diminishing the likelihood that the U.S. Federal Reserve will initiate interest rate cuts in the near term. Given the prevailing expectation that the Fed will Read More
Copper prices experienced a modest decline in the previous session, closing 0.31% lower at Rs 1,193.45, primarily influenced by increasing inventories on the London Metal Exchange. Stocks in LME warehouses rose by 2,450 tonnes to reach 284,325 tonnes, marking the highest level since October 2024, with significant inflows observed in Singapore and New Orleans. Inventories Read More
Copper increased by 1.25% to close at Rs 1,222.35, driven by a positive shift in demand sentiment that overshadowed worries regarding escalating exchange inventories. Optimism regarding future consumption contributed to an increase in prices, despite stocks in Shanghai Futures Exchange warehouses rising to 391,529 tons—the highest level since March 2016—signifying the 11th consecutive weekly increase Read More
Copper increased by 0.15% to close at Rs 1199.1, buoyed by a resurgence in buying interest as traders in mainland China resumed activities following the extended Lunar New Year holiday. Nonetheless, gains were limited due to renewed trade uncertainty following the U.S. Supreme Court’s decision to invalidate President Trump’s emergency tariffs, which led him to Read More
Copper increased by 0.68% to close at Rs 1,168.15, as investors capitalized on the dip amid thin trading conditions. Nonetheless, the overall supply landscape continues to appear adequate. Inventories in London Metal Exchange warehouses have experienced an uninterrupted increase for 26 consecutive sessions, reaching an 11-month peak. Additionally, the total stockpiles across Shanghai, London, and Read More
Copper experienced a rebound of 2.65%, closing at Rs 1,181.35. This movement was primarily influenced by short covering, as investors took the opportunity to purchase following recent weakness in a thin trading environment. Nonetheless, the increases were constrained by the accumulation of exchange inventories. Stocks in London Metal Exchange-approved warehouses increased for a 12th consecutive Read More
Copper increased by 0.27% to close at Rs 1,209.5, buoyed by positive sentiment regarding global manufacturing, the transition to green energy, and demand growth driven by artificial intelligence. The persistent supply constraints at significant mining operations have also provided support. Nevertheless, the increases were constrained by a prevailing risk-averse sentiment in international markets and subdued Read More
Copper experienced a decline of 1.28%, closing at Rs 1,233.65, influenced by increasing exchange inventories and lackluster trading activity in anticipation of China’s Lunar New Year holiday. LME warehouse stocks increased to 189,100 tons, marking the highest level since May, driven by new deliveries in Taiwan and the U.S. Meanwhile, Shanghai Futures Exchange inventories surged Read More
Copper prices experienced a decline, closing down 1.33% at Rs 1,228, as increasing supply pressures negatively impacted market sentiment. The decline was primarily influenced by events in China, the globe’s foremost consumer, where refined copper production is anticipated to increase by approximately 5% this year following a significant 10% rise the previous year. In a Read More
Copper prices declined by 0.88% to close at Rs 1,218.95, as initial support from robust Chinese macroeconomic data was counterbalanced by a stronger U.S. dollar. In January 2026, China’s manufacturing PMI increased to 50.3, marking the most rapid expansion in three months. This growth was propelled by heightened output, an uptick in new orders, and Read More
Copper prices experienced a significant increase, closing at Rs 1,411.5, reflecting a rise of 6.79%. This movement was largely influenced by diminishing confidence in the U.S. dollar, alongside escalating geopolitical and trade uncertainties. Sentiment saw an uptick following President Trump’s renewed threats of military action against Iran. However, reassurances regarding a robust dollar policy did Read More
Copper prices concluded the trading session with an increase of 0.84%, reaching Rs 1,283.8, buoyed by supply-side disruptions and a reduction in geopolitical tensions. The most immediate catalyst was the near-halt in production at Capstone Copper’s Mantoverde mine in northern Chile, where a prolonged labor strike resulted in the shutdown of the desalination plant, jeopardizing Read More
Copper prices experienced a decline yesterday, closing down by 1.29% at Rs 1285.65, influenced by indications of weakening demand from the leading consumer, China. The Yangshan import premium, an important indicator of Chinese consumption, has decreased by 50% over the last month, reaching its lowest point since mid-2024. Concurrently, inventories in Shanghai Futures Exchange warehouses Read More
Copper prices experienced a decline, closing 0.36% lower at Rs 1308.5, influenced by a robust U.S. dollar and diminishing worries regarding the prompt enforcement of U.S. tariffs on essential minerals. U.S. President Donald Trump indicated a temporary halt on tariffs concerning rare earths, lithium, and other essential minerals, which affected market sentiment, despite copper’s continued Read More
Copper prices experienced a notable recovery, closing up by 2.65% at Rs 1,315.2, bolstered by a depreciating U.S. dollar and a more optimistic outlook on demand following China’s indication of new initiatives to enhance domestic consumption. China’s cabinet deliberated on a suite of fiscal and financial measures designed to bolster household expenditure and investment, thereby Read More
Copper prices experienced a decline, closing down by 2.28% at Rs 1,307.75, as profit-taking occurred following the recent surge fueled by expectations of constrained supply and concerns related to tariffs. Market participants express caution regarding the possibility that U.S. tariffs on refined metals, instituted during the Trump administration, may redirect global shipments to the U.S., Read More
Copper prices concluded the trading session with an increase of 2.04%, reaching a settlement at Rs 1313.3, driven by supply-side concerns that overshadowed the mixed macroeconomic indicators. Sentiment was bolstered by disruptions in critical producing areas, notably Chile, where Capstone Copper revealed that operations at its Mantoverde mine would be reduced to approximately 30% capacity Read More
Copper prices maintained their robust upward trajectory, closing 0.54% higher at Rs 1,292.5, driven by supply-side disruptions and anticipations of persistently increasing demand stemming from the AI boom and the global energy transition, which bolstered market sentiment. The tightening of physical availability is evident in the Yangshan copper premium, which is concluding the year close Read More
