1 kg Copper Price in India: Market Trends and Economic Insights
1 kg Copper Price in India: Copper prices have recently experienced a decline, falling by 2.21% to settle at ₹834.95 per kg. This drop can be attributed to ongoing uncertainties surrounding China’s economic recovery, despite the government’s efforts to stimulate growth through various measures. Investors are currently navigating a cautious market environment, as confidence in […]
Copper Future Prices Rise: Impact of China’s Stimulus Measures
Copper future prices rose by 0.32% to settle at ₹855.35, supported by optimism over a potential demand recovery following China’s recent stimulus measures. In September, China introduced several policies to boost economic growth, such as cutting interest rates, injecting liquidity into banks, and easing home purchase restrictions. These efforts raised expectations for increased industrial activity, […]
MCX Copper Price Today: Market Trends & Technical Outlook
MCX Copper Price Today: Copper prices dipped by 0.57%, closing at ₹851.35 due to an ongoing global surplus in refined copper. According to the International Copper Study Group (ICSG), July recorded a surplus of 91,000 metric tons, following June’s excess of 113,000 metric tons. From January to July 2024, the surplus has surged to 527,000 […]
1 Kg Copper Price Today in India: Market Insights
Today, the 1 kg copper price in India has increased by 1.91%, reaching ₹836.45. This rise is attributed to recent economic easing measures announced by China, aimed at bolstering growth and enhancing global copper demand. The People’s Bank of China (PBOC) plans to cut the reserve requirement ratio by 50 basis points and lower key […]