What’s Driving Copper MCX Live Prices Today?
What’s Driving Copper MCX Live Prices Today?
Blog Article
The copper mcx live market is witnessing a fresh wave of speculative activity amid renewed hopes of global economic recovery. Supply disruptions in South America and an expected uptick in infrastructure projects are fueling the bullish outlook.
On the other hand, the crude option chain is seeing higher open interest, as traders anticipate OPEC+ decisions that could indirectly affect copper demand due to energy-intensive manufacturing sectors. Analysts suggest watching for breakouts above ₹730 for fresh long positions on copper futures.
Quick Summary:
Copper MCX Live Update: ₹722–₹725/kg range
Influencers: Global demand, South American supply
Related Market: Crude option chain trending with higher open interest