MCX Morning Wrap: Base metals under pressure, Copper tanks 3%

Base metals slumped today amid extremely weak global cues. MCX March 2026 Copper futures are trading at Rs 1075.25 per kg, down 3% on the day. The counter saw heavy losses last week and tested lows around 1065 per kg. MCX Aluminum futures fell 1.21% to trade at Rs 327.30 per kg. MCX Zinc futures dipped 1% to trade at Rs 304.40 per kg. MCX Lead futures dropped 0.21% on the day to trade at Rs 187.45 per kg. MCX Nickel futures also shed 0.53% to trade at Rs 1545 per kg.

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