Copper

Copper is India’s most strategically important industrial metal, often called Dr. Copper because its price movements are considered a reliable indicator of overall economic health. India is among the top global consumers of copper, driven by massive infrastructure projects, housing construction, power transmission networks, and the rapidly growing electric vehicle industry. With the Indian government’s focus on electrification and renewable energy, copper demand in India is set to grow exponentially. MCX copper futures are among the most actively traded commodity contracts in India.