Copper Scrap Rate Today 1kg in India — June 14, 2026

Copper Scrap Rate Today 1kg in India

The copper scrap rate today 1kg in India is ₹1.23 as of June 14, 2026. That figure gives you a clean reference point, but scrap quotes on the ground move a little differently depending on purity, contamination and whether the lot is cable scrap, pipe offcuts or clean bare copper.

For a trader in a tier-2 market, the useful number is the 1 kg quote, not a theoretical per-tonne benchmark. That is why MCX copper futures and the LME copper spot price still matter; scrap yards watch them before they update buy rates, especially when the rupee weakens or Chinese demand turns choppy.

• 1 gram: ₹1.23
• 10 grams: ₹12.30
• 100 grams: ₹123.00
• 1 kg: ₹1,230.00
• 1 metric tonne: ₹1,230,000.00

Most buyers still ask for a rough scrap premium or discount on top of the metal benchmark. Clean ETP-grade copper scrap holds its value better, while mixed wires, oxidised pieces and contaminated lots usually get shaved down hard. That part is not glamorous, but it is exactly how the market works.

What Moves the 1kg Copper Scrap Quote

The scrap market is tied to the bigger copper chain. Local dealers start with LME copper, then adjust for import duty, GST, the dollar-rupee rate and the kind of material they are actually buying. A batch of clean, sorted scrap can fetch a far better quote than mixed industrial waste, and that difference often surprises first-time sellers.

Why Scrap Dealers Watch MCX and LME

MCX copper futures give the domestic market a live pulse. If the contract rallies on tight global supply or a weaker rupee, scrap buyers often lift their bids the same day. LME copper is the global anchor, and the Indian quote usually follows that lead after import costs are added. The basic duty structure and GST do not sound exciting, but they decide whether a seller gets an average rate or a decent one.

Demand is the other half of the story. Construction activity, power-grid upgrades, cable manufacturing, solar installations and electric vehicle wiring all pull copper through the system. When those sectors run hot, scrap gets absorbed faster. When monsoon slowdown hits site work, yards can sit on inventory a little longer and quotes soften. That is the scrap cycle in plain terms.

There is also a purity issue that buyers never ignore. ETP copper, which sits at 99.9%+ purity, is the reference grade for electrical use. Scrap that can be converted back into that quality travels close to the benchmark. Anything lower, from coated wire to mixed brass contamination, trades at a discount because the recycler has to spend time, fuel and money cleaning it up.

How to Read Copper Scrap Rate Today 1kg Over Time

Copper is a cyclical industrial metal, so the 1 kg scrap rate rarely stays still for long. One month the market is busy with infrastructure buying, the next month it cools because overseas demand weakens or the rupee firms up. That is normal. Traders who follow the daily move instead of waiting for a perfect bottom usually get a more realistic entry and exit.

If you track the chain properly, the picture becomes clearer. MCX copper futures show the domestic mood, LME copper shows the world benchmark, and the local scrap yard shows the actual transactable rate. Those three are not always identical, which is exactly why a live scrap page matters. A quote from last week can be useless if the dollar moved sharply or if refinery stocks tightened.

Retail buyers sometimes compare copper with gold or silver because the language of “price today” feels familiar. The comparison does not go very far. Copper does not have sovereign bonds or a big retail SIP culture in India. It lives in the futures market, in commodity funds with base metal exposure, and in the hands of stockists, fabricators and scrapyard operators who buy by the kilo. That is a different world, and a much rougher one.

Seasonality matters too. Pre-monsoon inventory builds can lift demand for electrical work, while festive-season construction and repair jobs often tighten scrap supply in urban markets. Add in a 52-week range on MCX and the rupee’s drift against the dollar, and you get a decent framework for reading the next move without pretending the market is cleaner than it really is.