(09 Mar 2026, 17:36)

Copper melts 1% as equities see mega slide

COMEX Copper futures were under stress today, extending losses well under $6 per pound and testing around three-week low amid heavy selling in global equities. Sentiments were very weak for Asian stocks on Middle-East worries. China's Shanghai Composite index shed 0.67%. Hong Kong’s Hang Seng index lost 1.35%. Japan’s Nikkei average tanked 5.20%. European stocks tumbled with the German DAX falling more than 1% to test 11-month low. The US equities moved sharply lower during trading on Friday, adding to the losses posted in the previous session. The Nasdaq lost 1.6%, the S&P 500 tanked 1.3% the Dow slumped 1%. While equities tanked, Crude oil futures soared near four-year high as Iran-US tensions escalated. COMEX Copper futures are currently trading at $5.74 per pound, down 1% on the day. MCX Copper futures are also down 1% at Rs 1185.25 per kg after testing lows around Rs 1181 per kg.

More News

(09-Mar-2026 18:10)
MCX Evening Update: Precious metals slide in volatile trades, Silver sheds more than 1%
(07-Mar-2026 12:41)
Weekly Copper Review: COMEX futures down more than 3% this week
(07-Mar-2026 12:14)
Weekly Crude Oil Review: Super spike takes WTI Crude above $90 per barrel, prices zoom 35% for week
(07-Mar-2026 12:11)
Weekly Gold Review: COMEX futures see volatile moves, close just under $5200 per ounce

Tweets by CapitalMarket17

Commodity Post Session News

Copper melts 1% as equities see mega slide