India's primary copper producers want GST on a range of copper products cut from 18% to 5%, saying the move could unlock up to $3.6 billion in working capital
Copper gains as Chinese physical demand strengthens and a softer dollar makes dollar-priced metals cheaper
Futures on the London Metal Exchange fell as much as 0.6%, following their first weekly decline in since June
IPCPA said treatment and refining charges have plunged to unprecedented negative levels as constrained mine output and expanding smelting capacity tighten concentrate supply.
According to a Bloomberg report, copper prices rose for a fourth day on the London Metal Exchange (LME), touching an all-time peak of $14,617 a ton. The industrial metal is up 17 per cent this year.
The industrial metal rose for a fourth day on the London Metal Exchange, touching an all-time peak of $14,617 a ton
LME copper spot price is currently trading near its all-time high of $14,594/t, reached on 17 Aug 2026. At the current level of $14,113/t, spot copper price is up 46.3 per cent Y-o-Y on the LME.
Rising aluminium and copper prices are driving up costs for India's power equipment and renewable energy sectors, squeezing margins and project economics
Geopolitical tensions may raise freight costs due to higher crude prices, which could affect margins as power, fuel and water account for about 7 per cent of revenue
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
Commodity rout: Precious metals - Gold, Silver, Platinum have cracked up to 47.5%; base metals - aluminium, copper, zinc, lead and nickel - plunged up to 18% in global markets from January 29 highs.
Polycab India share price today: On the bourses, Polycab share price rose up to 3.56 per cent to an intraday high of ₹7,385 per share.
Devarsh Vakil, Head of Prime Research at HDFC Securities reckons that investors should wait for a 10-15 per cent price correction in Hindustan Copper and Hindustan Zinc.
Our fund of funds isn't allowed to invest in silver futures, only in silver ETFs. So, we had no option but to pause fresh purchases - else, investors would enter at a 10 per cent premium, Shah said
The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself. That's been true for hundreds of years and will remain true now, Jim Rogers said
The report by the Centre for Social and Economic Progress warns that India's copper imports could rise sharply unless mining, processing, and recycling capacity is scaled up
The quality control curbs have led to a decline in imports, the Bombay Metal Exchange (BME) said - a claim rejected by the government
Industry experts warn that the US is dependent on copper imports, and levies could increase costs across critical industries from electronics and automobiles to infrastructure and defence
Sensex Today | Stock Market close, Wednesday, July 9, 2025: The Nifty MidCap 100 fell 0.13 per cent, while the Nifty SmallCap index rose 0.59 per cent.