Copper Prices Firm Up Amid Strong Demand and Global Cues

Copper prices firmed up by 0.47 percent to reach near $6.65 per pound on Monday, while MCX Copper was last seen near Rs 1,400 to Rs 1,410 per kilogram in its most recent session.

This firmness came even as broader metals sentiment stayed mixed, with the metal up over 44 percent from a year ago due to strong demand from power grid and renewable energy applications.

Univest's commodities desk is tracking the same global cues that moved Indian equities on Monday, including improved risk appetite driven by declining crude oil prices and softer bond yields.