The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 08 August, 2020, 02:30 AM IST | E-Paper
Search
+

    Copper Rate

    (Expiry: 31-Aug-2020 |   Exchange: MCX | Head: Base Metals)

    02.30AM IST | 08 Aug, 2020

    • 502.30Per 1 KGS
    • Change

      -13.65 (-2.65%)

    • Volume22396
    • Open514.00
    • Prv. Close515.95
    • Spot509.80

    Day's Trend

    • Day:

      500.90514.00

    • Contract:

      443.25511.90

    • Average Price (Rs/1 KGS ):508.97
    • Open Interest (Contracts):3518
    • Open Interest Change %:-1.40%
    • Best Buy Price (Rs/QTY):502.25/2
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:2500
    • Tick Size:5
    • Best Sell Price (Rs/QTY):502.30/4

    COPPER News

    What helped copper prices cover lost ground | News

    7 Aug, 2020, 03.16 PM

    The impressive bull run was majorly supported by three pillars: stellar recovery in China’s economy, mounting strains on supply from key producers and massive stimulus programmes by global central banks.

    Commodity outlook: Copper slips, here's how others may fare | News

    6 Aug, 2020, 10.36 AM

    Here is how SMC Global expects commodities to fare today.

    Top copper nation gets tough on water with BHP in crosshairs | News

    2 Aug, 2020, 10.38 AM

    Mines that dot the parched Atacama desert are coming under increasing scrutiny for their use of water, with lithium giant Soc. Quimica & Minera de Chile SA facing a Supreme Court ruling after community complaints.

    Base metals: Copper, nickel futures fall on weak demand | News

    30 Jul, 2020, 03.42 PM

    On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by Rs 2.20, or 1.21 per cent, at Rs 184.10 per kg with a business turnover of 126 lots.

    Copper prices touch highest level in 16 months, says ICRA | News

    29 Jul, 2020, 06.23 PM

    Prices have risen from a three-year low in March 2020, said Jayanta Roy, Senior Vice President and Group Head, ICRA.

    Global copper prices surge 40% as mining restrictions disrupt production | News

    29 Jul, 2020, 05.20 PM

    Mining restrictions is progressively resulting in a shortage of the finished metal in the market and the prevailing situation may continue in the near term, which is fueling metal prices upwards.

    Commodity outlook: Base metals fall; here's how others may fare | News

    29 Jul, 2020, 10.40 AM

    Here is how SMC Global expects commodities to fare today.

    Base metals: Zinc, nickel futures rise on firm spot demand | News

    23 Jul, 2020, 03.03 PM

    On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by Rs 2.10, or 1.22 per cent, at Rs 174.85 per kg with a business turnover of 1,626 lots.

    Base metals: Aluminium, copper futures ease on low demand | News

    20 Jul, 2020, 03.43 PM

    On the Multi Commodity Exchange, aluminium for delivery in July contracts eased by 25 paise, or 0.18 per cent, to Rs 136.50 per kg in a business turnover of 810 lots.

    London copper falls as virus fears, US-China woes raise demand worries | News

    19 Jul, 2020, 11.46 AM

    Three-month copper on the London Metal Exchange fell $0.2% to $6,426.50 a tonne by 0704 GMT, still up 0.2% on a weekly basis and set for its ninth straight weekly gain.

    Hot/Cold Copper Contract

    COPPER (MCX)

    31 August 2020

    Today's Volume : 22396Change : 8.47%

    COPPER Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    MUMBAI
    509.80
    1 KGS
    0.02
    2.60

    COPPER vs Other Base Metals

    Commodity
    Expiry
    Price / Unit
    Day
     % Change
    Percentage Change
    Week
    Contract

    Trend

    D | M | Y
    31-Aug-2020
    189.30/1 KGS
    -1.02
    3.78
    15.08
    31-Aug-2020
    1097.40/1 KGS
    -0.41
    5.22
    13.89
    31-Aug-2020
    145.30/1 KGS
    -1.09
    2.69
    4.01
    31-Aug-2020
    152.00/1 KGS
    -1.71
    1.84
    4.83
    30-Sep-2020
    189.40/1 KGS
    -1.07
    3.78
    3.10
    30-Sep-2020
    145.60/1 KGS
    -1.19
    2.46
    2.39
    30-Sep-2020
    1100.00/1 KGS
    -0.41
    5.02
    4.82
    30-Sep-2020
    152.05/1 KGS
    -1.55
    0.93
    0.86
    30-Oct-2020
    146.30/1 KGS
    2.59
    0.00
    30-Oct-2020
    189.00/1 KGS
    4.74
    0.00

    COPPER vs Peers (Intraday Range)

    LowestHighest

    02.56

    ......

    -2.65

    COPPER vs Peers (Contract Range)

    LowestHighest

    0.0015.08

    ......

    12.12

    COPPER (30-Sep-2020) vs COPPER Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    30-Sep-2020
    498.20/1 KGS
    -2.94
    -1.45
    2.51
    477
    -11.60
    30-Oct-2020
    510.65/1 KGS
    5.18
    0.00
    0
    .85
    27-Nov-2020
    508.15/1 KGS
    0.48
    6.00
    0.00
    0
    -1.55
    31-Dec-2020
    512.30/1 KGS
    -0.71
    2.82
    0.00
    5684
    .30

    COPPER Contract Details  (2020-08-31) Exchange: MCX

    Symbol

    COPPER

    Contract Start Date

    2020-04-01

    Last Trading Date

    2020-08-31

    Lot Size

    2500

    Tick Size

    5

    Symbol Description

    COPPER

    Delivery Start Date

    2020-08-25

    Delivery End Date

    2020-09-01

    Symbol Info

    COPPER

    Tender Period Start Date

    2020-08-25

    Tender Period End Date

    2020-08-31

    Commodity Group

    Base Metals

    Name Of Underlying

    Base Metals

    Identifier of the Underlying

    152

    Instrument Identifier

    219553

    Instrument

    FUTCOM

    Expiry Date

    2020-08-31

    Price Quote Qty

    KGS

    Daily Price Percent

    0.00

    Near Month Instrument Identifier

    -1

    Far Month Instrument Identifier

    -1

    Trading Unit

    KGS

    Delivery Unit

    KGS

    COPPER Rate Historical Performance

    From DateTo Date--- OR --- Contract
    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2020-08-03
    Copper
    31-Aug-2020
    500.15
    511.90
    499.20
    500.75
    9.30
    1.86
    2020-07-31
    Copper
    31-Aug-2020
    508.50
    509.80
    500.15
    507.50
    -6.70
    -1.32
    2020-07-27
    Copper
    31-Aug-2020
    504.80
    506.00
    502.35
    502.10
    3.15
    0.63
    2020-07-24
    Copper
    31-Aug-2020
    503.50
    505.95
    498.70
    506.95
    -5.65
    -1.11
    2020-07-24
    Copper
    31-Aug-2020
    503.50
    505.95
    498.70
    506.95
    -5.65
    -1.11
    2020-07-21
    Copper
    31-Aug-2020
    499.25
    504.95
    499.20
    497.70
    7.25
    1.46
    2020-07-20
    Copper
    31-Aug-2020
    494.15
    501.45
    493.00
    495.40
    2.35
    0.47
    2020-07-17
    Copper
    31-Aug-2020
    494.40
    497.00
    492.20
    494.90
    0.60
    0.12
    2020-07-16
    Copper
    31-Aug-2020
    490.65
    496.10
    487.80
    492.55
    2.10
    0.43
    2020-07-13
    Copper
    31-Aug-2020
    504.50
    505.80
    498.45
    491.30
    9.95
    2.03
    MORE HISTORICAL DATA

    Future Margin Calculator

    x
    =

    This is the minimum amount which is required to buy "x" number of lots of a particular commodity to trade in futures market.

    Mark-to-Market Calculator

    x
    =

    This is daily gain/loss on the position which is taken in derivatives market, it is calculated on daily basis till the time that position is not squared off.

    GainersLosers

    Commodity
    Contract
    Price (Rs)
    % CHG
    26-Aug-2020
    168.30
    2.94
    25-Sep-2020
    179.00
    2.70
    27-Oct-2020
    205.70
    2.64
    26-Feb-2021
    78333.00
    1.00
    31-Aug-2020
    972.10
    0.07
    The Economic Times