New Delhi. Copper futures prices rose on Monday amid strong spot demand in the domestic market. On the Multi Commodity Exchange (MCX), the October delivery copper contract rose ₹2.60 to ₹1,414 per kg, marking a gain of around 0.45%.

According to market data, 761 lots were traded in the October delivery copper contract. Market analysts said the rise in copper prices was mainly supported by stronger demand in the spot market and increased buying by traders.

Copper is one of the key commodities in the base metals segment on the MCX. Its prices are influenced not only by domestic demand but also by metal prices in international markets, movements in the dollar and global supply conditions.

Copper prices have remained firm in recent trading sessions. On September 18, the September delivery copper futures contract closed at ₹1,403.20 per kg, while the October contract was around ₹1,411.

Copper is widely used in electrical wires, electronics, construction, automobiles and renewable-energy equipment. As a result, changes in industrial activity and demand can have a direct impact on its prices.

Going forward, spot demand, global supply, industrial activity and trends in international commodity markets will remain important factors in determining the direction of copper prices.