Copper Price Per Kg in India Today — April 30, 2026

Copper Price Per Kg in India Today

The copper price per kg in India today is ₹1.14. That is the number most fabricators, cable makers, and stockists watch before they lift an order. It is also the easiest way to compare the domestic market against MCX copper and the LME benchmark without getting lost in gram-level noise.

Because copper is traded globally in tonnes, the per-kg view is the practical one for Indian buyers. A small movement in LME copper can quickly show up in local tamba bhav, especially when the rupee is under pressure.

• 1 gram: ₹1.14
• 10 grams: ₹11.40
• 100 grams: ₹114.00
• 1 kg: ₹1,140.00
• 1 metric tonne: ₹1,140,000.00

For most industrial buyers, the kg figure is not a retail display price. It is the working benchmark that connects copper wire price, copper cathode procurement, and stock replenishment. That is why the live chart, the 10-day history, and the comparison with earlier periods matter just as much as the headline rate.

What Moves the Copper Rate in India

The domestic copper rate does not start in India. It starts on the LME, moves through the dollar-rupee exchange rate, and lands here after import duty, freight, and taxes do their bit. On a good day, the gap stays neat. On a messy day, it widens fast and traders notice it immediately.

Why MCX copper and LME copper rarely stay still for long

MCX copper futures usually mirror the global trend, but they are not a carbon copy of LME copper. The rupee can weaken, freight can rise, and import duty can make imported metal a little less comfortable for buyers. India also prices copper through a local industrial lens, so cable orders, transformer demand, and refinery availability can all nudge the number.

Pure ETP copper trades differently from lower-grade scrap. ETP copper is the clean, high-purity metal used in electrical work, while scrap carries a processing discount because contamination, sorting, and melting are part of the deal. That is why a scrap yard quote and a cathode quote can sit in the same conversation but never mean the same thing.

Demand matters too. Power grid upgrades, metro projects, housing wiring, and solar installations all keep copper moving. When construction slows in the monsoon or Chinese industrial output softens, the market usually feels it. Copper never waits politely for the next headline.

How Traders and Buyers Read Copper Price Per Kg Today

A lot of people look only at the day’s number. That is a mistake. The better question is whether the price per kg is breaking out of a recent range, holding near the 52-week high, or simply reacting to currency noise. One day of movement can be empty. Two weeks of steady drift usually mean something real is happening.

Retail investors in India tend to track MCX copper futures because they are easy to watch and easy to compare with the physical market. Fabricators and smaller traders, on the other hand, care about actual stockist quotes, delivery quality, and whether the lot is refined cathode, ETP copper, or something closer to scrap. That difference in purpose explains a lot of the price confusion people see online.

There is also a seasonal angle. Before the monsoon, many buyers build inventory because delivery can get messy once site work slows. Later in the year, festive electrical demand and infrastructure spending can pull the market back into focus. Copper is cyclical. It has always been cyclical. That is the point.

If you want a cleaner read, keep an eye on LME copper first, then MCX copper, then the rupee. In that order, most days. When those three move together, the per-kg price usually follows without much drama. When one of them breaks away, that is where the next trading opportunity tends to show up.