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Commodity News Details
Copper turns lower, MCX futures under Rs 1400 per kg
14-May-2026 17:16
COMEX copper futures eased on Thursday after hitting historic high level in the previous session as profit selling weighed on the counter. Weak cues from Chinese equities also played a part and the commodity is currently quoting at $6.63 per pound, down 0.81% on the day. China stocks eased from a decade high as Yuan hit around three-year high. The Shanghai Composite Index lost 1.52%. In Japan' the Nikkei 225 Index fell around 1%. However, risk appetite improved in Europe as major indices rose across the board with German DAX soaring 1.30%. The US stocks ended mixed yesterday with the DOW easing marginally while NASDAQ and S&P added good gains. MCX Copper futures are down 0.23% at Rs 1395.65 per kg with highs around Rs 1400 per kg capping the upside.

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