| Ticker Symbol | COPPER |
|---|---|
| Exchange | MCX |
| Type | Index |
| Founded | 2003 |
| Headquarters | Mumbai, Maharashtra |
| Official Website | https://www.mcxindia.com ↗ |
MCX Copper Futures is India’s most important industrial metal derivative contract, traded on the Multi Commodity Exchange under the ticker COPPER. The standard contract size is 2500 kilograms of copper cathodes of 99.99 percent purity quoted in Indian rupees per kilogram. Copper is often called Dr. Copper because its price is a reliable indicator of global economic health and industrial activity. MCX Copper Futures are closely watched by infrastructure companies, cable manufacturers, EV makers, and commodity traders as a key indicator of India’s industrial growth and infrastructure spending.