Copper Price Prediction for Monday, 15 June 2026: MCX at Rs 1,335.05, Up 0.76% with Key Levels

The copper price prediction for monday, 15 June 2026, is bullish, with MCX copper June futures trading at Rs 1,335.05 per kg in Friday trade, up 0.76 percent from the previous close of Rs 1,325. Copper gained with the global risk-on move as equity markets surged and the dollar eased, supporting the industrial metals complex.

Ankit Jaiswal, Senior Research Analyst at Univest, breaks down the copper price prediction for monday with Friday closing data, key levels and the triggers that matter for the next session.

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MCX Copper Friday Recap Behind the Copper Price Prediction for Monday

MCX copper June futures traded at Rs 1,335.05 per kg on Friday 12 June 2026, up 0.76 percent. The contract opened at Rs 1,335, touched a high of Rs 1,340.95 and a low of Rs 1,330.3, with open interest rising at 15,606 lots. Price up with open interest rising from 15,267 to 15,606 lots is a long buildup. This closing picture is the base of the copper price prediction for monday.

MCX Copper Futures Data for the Copper Price Prediction for Monday

Futures Metric	Reading (12 June 2026)
MCX Copper June Futures	Rs 1,335.05 per kg
Change	up 0.76% vs Rs 1,325
Day Range	Rs 1,330.3 to Rs 1,340.95
Open Interest	15,606 lots, rising through the session
Signal	Price up with open interest rising from 15,267 to 15,606 lots is a long buildup

Price moving up 0.76 percent with open interest rising is the derivatives signature behind Friday’s move. Copper gained with the global risk-on move as equity markets surged and the dollar eased, supporting the industrial metals complex. These readings anchor Monday’s view going into the new week.

Support and Resistance in the Copper Price Prediction for Monday

• Trend: Bullish, with Rs 1,329.92 as the bull-bear line
• Support levels: Rs 1,329.92, then Rs 1,324.78 and the Friday low of Rs 1,330.3
• Resistance levels: Rs 1,340.57, then Rs 1,346.08 and beyond the Friday high of Rs 1,340.95
• Monday range: Rs 1,329.92 to Rs 1,340.57 under normal news flow

The pivot framework built on Friday’s high of Rs 1,340.95, low of Rs 1,330.3 and last traded price of Rs 1,335.05 places first support at Rs 1,329.92 and first resistance at Rs 1,340.57. Ankit Jaiswal notes that the MCX evening session and Sunday’s international cues will refine these levels before Monday’s open. That is the structure of the copper price prediction for monday on the charts.

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Key Triggers for Monday 15 June 2026

Four triggers will test the copper price prediction for monday at the open.

• Commodity trigger: China demand cues and LME inventory data over the weekend will set Monday’s opening tone for MCX copper
• US Fed and the dollar: The US Fed meets on 16-17 June, the first meeting under new Chair Kevin Warsh, with a rate hold widely expected, and the dollar’s reaction drives all MCX contracts priced off international benchmarks
• Weekend geopolitics: US-Iran headlines over the weekend can swing energy and safe-haven demand sharply before Monday’s open
• Rupee movement: Any move in USD-INR directly shifts MCX prices even when international prices stay flat

Trading Strategy for Monday

A defined plan converts the copper price prediction for monday into managed-risk trades.

• Trade the levels: Use Rs 1,329.92 as the bull-bear line, with stops beyond Rs 1,324.78 for longs or Rs 1,340.57 for shorts
• Watch the evening session: MCX trades into late evening tracking international markets, so Friday night’s close sets Monday’s true reference
• Respect event risk: Size positions smaller ahead of the 16-17 June Fed meeting and weekend geopolitical headlines

Risks to the Copper Price Prediction for Monday

• Commodity risk: A hawkish Fed surprise would lift the dollar and pressure the entire base metals complex
• Dollar strength: A hawkish surprise from the Fed would lift the dollar and pressure the entire metals and energy complex
• Gap risk: International prices move through the weekend while MCX is shut, so Monday can open with a sharp gap in either direction

Copper Price Prediction for Monday: Quick Answers to What Traders Search

Monday copper price outlook: Bullish after a 0.76 percent gain on Friday. Expected range Rs 1,329.92 to Rs 1,340.57 for the next session.

Copper Price Prediction for Monday with levels: Support Rs 1,329.92 and Rs 1,324.78, resistance Rs 1,340.57 and Rs 1,346.08, the backbone of the copper price prediction for monday.

Key driver for Monday: The reaction to weekend US-Iran headlines and the India CPI print will set the opening tone for the copper price prediction for monday.

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Conclusion

The copper price prediction for monday, 15 June 2026, is bullish. MCX copper June futures traded at Rs 1,335.05 per kg with the pivot map placing the battleground between Rs 1,329.92 support and Rs 1,340.57 resistance. The India CPI reaction, the advance tax deadline and the 16-17 June US Fed meeting are the shared events that will test the copper price prediction for monday through Monday’s session, and weekend headlines on the US-Iran front remain the biggest swing factor. Check back after Monday’s close for the next copper price prediction for monday update from Univest analysts.

FAQs on the Copper Price Prediction for Monday

What is the copper price prediction for Monday, 15 June 2026?

Ans. The copper price prediction for monday, 15 June 2026, is bullish. MCX copper June futures traded at Rs 1,335.05 per kg on Friday, up 0.76 percent, with an expected range of Rs 1,329.92 to Rs 1,340.57 and support at Rs 1,329.92.

What are the key MCX copper levels for Monday?

Ans. Support sits at Rs 1,329.92, then Rs 1,324.78 and the Friday low of Rs 1,330.3, while resistance is placed at Rs 1,340.57, then Rs 1,346.08. These pivot-based levels frame the copper price prediction for monday.

Why did copper prices move on Friday 12 June 2026?

Ans. Copper gained with the global risk-on move as equity markets surged and the dollar eased, supporting the industrial metals complex. Open interest was rising at 15,606 lots. Price up with open interest rising from 15,267 to 15,606 lots is a long buildup.

How does the US Fed meeting affect the copper price prediction for Monday?

Ans. The Fed meets on 16-17 June 2026 under new Chair Kevin Warsh, and the dollar’s reaction to the policy tone moves all commodities. A dovish hold supports the copper price prediction for monday, while hawkish guidance would pressure prices through a stronger dollar.

Who provides the Univest analyst view on the copper prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst at Univest provides the view, with Univest analysts tracking MCX levels, international benchmarks, the dollar index and the rupee every trading day.