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Copper under stress, MCX futures linger near Rs 1200 per kg
16-Feb-2026 17:24
COMEX Copper futures held near one and half week low as a break under $6 per pound capped advances. Asian markets saw thin moves as China, South Korea and Taiwan markets are closed for Lunar New Year holidays. Hong Kong's Hang Seng index added 0.52%. Japanese NIKKEI 225 index eased 0.24%. European stocks moved up modestly.US stocks saw choppy moves on Friday and recorded modest losses for the week. COMEX Copper futures are currently quoting at $5.78 per pound, down 0.36% on the day. MCX Copper futures are trading at Rs 1201.45 per kg, down 0.67% on the day. The counter rose in afternoon trades but gains have been limited.

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