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copper outlook
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  • Copper futures firm at Rs 668.70 per kg on lower inventories Mar 24, 2021 06:47 PM IST

    Copper futures firm at Rs 668.70 per kg on lower inventories

    The non-ferrous metal has been trading higher than 50, 100 and 200 days' moving averages but lower than 20 and 5 days’ moving average on the daily chart.

  • Copper futures drop 0.19% to Rs 674 per kg on higher inventory Mar 22, 2021 07:04 PM IST

    Copper futures drop 0.19% to Rs 674 per kg on higher inventory

    Speculators cut their net long US copper positions by 6,651 contracts to 44,570 in the week to March 16, according to US CFTC data.

  • Copper futures fall 0.28% to Rs 674 per kg on weak demand, firm dollar Mar 18, 2021 07:40 PM IST

    Copper futures fall 0.28% to Rs 674 per kg on weak demand, firm dollar

    The non-ferrous metal has been trading higher than 50, 100 and 200 days' moving averages but lower than the 20 and 5 days’ moving average on the daily chart.

  • Copper futures drop 1.07% to Rs 677 per kg on weak demand Mar 12, 2021 07:14 PM IST

    Copper futures drop 1.07% to Rs 677 per kg on weak demand

    The base metal has been trading higher than 50, 100 and 200 days' moving averages but lower than 20 and 5 days’ moving average on the daily chart.

  • Copper futures down over 2% at Rs 681.90 per kg, experts expect further downside Mar 09, 2021 07:04 PM IST

    Copper futures down over 2% at Rs 681.90 per kg, experts expect further downside

    MCX Copper March could see some sideways momentum near its 21-Daily Moving Average at Rs 678 level below which could see a downside move up to Rs 673-665 levels whereas resistance is at Rs 683-688 levels.

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