The share price of Hindustan Copper has surged 6.9% intra-day today. The rally in the stock price is primarily on the back of the supply constraints in the copper market globally and the resultant uptick in prices.

The current Copper Futures forward curve chart shows a gradual upward slope from September through early 2026, indicating chances of further rally in the price of this key industrial metal. “This means that future contracts are priced higher than the current spot price, reflecting expectations of stronger demand or potential supply constraints ahead,” said Kedia Stocks and Commodities Research in a note.

Additionally, China had announced 5% cut in copper production in early September, cutting supply of about 5 lakh tonnes of refined copper from the global market.

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