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Copper Price Prediction for Tomorrow, 14 August 2026: MCX Copper Dips 0.29 Percent to Rs 1,371 in Broad Metal Correction — Industrial Demand Thesis Intact

MCX Copper Thu: Rs 1,371.15/kg (-0.29%). L: Rs 1,357.55. Zinc -0.51%. Silver -0.80%. Crude Rs 7,779 (-1.88%). Nifty -0.16%. TCS +1.08%.


13 Aug 20265:24 pm

Copper Price Prediction for Tomorrow, 14 August 2026: MCX Copper Dips 0.29 Percent to Rs 1,371 in Broad Metal Correction — Industrial Demand Thesis Intact

Quick Answer

MCX Copper fell just -0.29% to Rs 1,371.15 on Thursday ; the smallest decline of any metal tracked ; as industrial demand from China infrastructure projects and India's National Infrastructure Pipeline kept buyers engaged even during a broad metals correction day. The Rs 1,357.55 intraday floor held comfortably. The copper price prediction for tomorrow is mildly positive on crude oil's -1.88% to Rs 7,779 reducing smelter energy costs by approximately Rs 1.00-1.30/kg versus Tuesday's Rs 8,024 level.

The copper price prediction for tomorrow for Friday 14 August 2026 is shaped by Thursday's twin macro developments: MCX Crude Oil crashing -1.88% to Rs 7,779 ; its sharpest single-day fall this week and lowest level since before Tuesday's Iran-deal-stall surge ; and TCS bouncing +1.08% to Rs 2,375, confirming IT sector recovery after Wednesday's -3.93% crash. Nifty 50 closed at 24,395.85 (-0.16%) in its fourth consecutive opening-high distribution session, while the Sensex defied the trend at 78,079.96 (+0.15%). Bank Nifty slipped -0.43% to 57,635.25 after ICICI Bank fell -1.74%, blocking the Day 6 banking rotation for a second consecutive day.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, frame the copper price prediction for tomorrow around crude oil's -1.88% Thursday fall as the dominant macro shift heading into Friday. At Rs 7,779 ; down from Rs 8,024 on Tuesday in just two sessions ; crude's 3% retreat provides substantial input cost relief to auto, FMCG, cement and chemicals sectors. Simultaneously, IT sector recovery (TCS +1.08%, HCL Tech +0.34%) provides a second positive catalyst. Together, these two themes make the copper price prediction for tomorrow the most opportunity-rich of the week, even as banking consolidates after Thursday's ICICI Bank -1.74%.

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Thursday's Market Recap for the copper price prediction for tomorrow

Indicator Thu 13 Aug Close (Groww) Change Signal for Friday
Nifty 50 24,395.85 -0.16% 4th Open=High distribution; L:24,311; floor at 24,265 intact
Sensex 78,079.96 +0.15% Only index green; TCS +1.08% drove this; L:77,399
Bank Nifty 57,635.25 -0.43% Open=High session; ICICI -1.74% primary drag; L:57,548
MCX Crude Oil Rs 7,779/bbl -1.88% Largest single-day fall this week; below Rs 7,800; Iran deal signals
MCX Gold Rs 1,53,178/10g -0.37% Mild pullback from Wed high; L:1,52,250; support intact
MCX Silver Rs 2,36,750/kg -0.80% Correcting from Wed bounce; L:2,34,700
MCX Copper Rs 1,371.15/kg -0.29% Mild dip; L:1,357.55; industrial demand intact
MCX Zinc Rs 393.50/kg -0.51% L:390.45; supply deficit still alive
MCX Nat Gas Rs 266.50/MMBTU -0.60% L:265.80; consolidating above Rs 265
TCS Rs 2,375 +1.08% IT Day 1 recovery; NASDAQ bounce confirmed; H:2,375
ICICI Bank Rs 1,406.80 -1.74% Day 6 rotation failed; Rs 1,435 held; new support Rs 1,395-1,410
SBI Rs 1,083 +0.09% PSU banking stable; H:1,086.80; floor at Rs 1,073
Reliance Rs 1,317 -0.90% Worst session this week; L:1,307.20; crude fall helps O2C Fri

copper price prediction for tomorrow: Key Factors for Friday

  • Copper's -0.29% Thursday correction is the mildest of all MCX metals tracked ; zinc fell -0.51%, silver -0.80%, gold -0.37%. This relative strength within a broad metals correction day is Friday's primary positive signal. Ankit Jaiswal notes that when copper holds better than other metals during a correction, it typically signals sustained industrial buying at lower levels ; China power infrastructure and India NIP capex buyers are absorbing the dips.
  • MCX Crude collapsing -1.88% to Rs 7,779 Thursday reduces copper smelter energy costs by approximately Rs 1.00-1.30/kg versus Tuesday's Rs 8,024 level. for Friday's session, lower smelter costs improve the spread between copper's selling price and production costs ; a mild margin positive for Hindalco and copper producers heading into Friday's session.
  • COMEX Copper direction pre-market Friday is Friday's primary overnight signal. China property sector PMI data (if released before Friday's Indian session) would be the most impactful catalyst. COMEX Copper above USD 4.25/lb = India copper positive for Friday. Below USD 4.05/lb = copper price prediction for tomorrow correction extends.
  • TCS recovering +1.08% Thursday confirms IT sector recovery ; which indirectly supports copper demand in Friday's context. Technology infrastructure buildout (data centers, cable networks) is a significant copper demand driver. When IT sector confidence recovers (TCS bounce), copper cable and data center copper demand expectations improve alongside it.

Technical Levels for the copper price prediction for tomorrow

Level Zone Why It Matters
Primary Support Rs 1,358-1,368 Confirmed buyer zone from Thursday's session; DII accumulation visible
Secondary Support Rs 1,342-1,352 Deeper correction floor ; only matters if primary breaks on Friday
Immediate Resistance Rs 1,378-1,386 First recovery target for Friday; partial booking zone
Extended Resistance Rs 1,392-1,402 Breakout target if Friday session builds on Thursday momentum

Stocks Flagged for the copper price prediction for tomorrow

Stock Thu Close Entry Zone Target Stop Loss Analyst Why Now
Hindalco Industries Rs 748 est. (Thu) Rs 742-750 Rs 772 Rs 728 Ankit Jaiswal Hindalco's copper business benefits from both the mild copper price recovery and crude -1.88% reducing smelter energy costs on Friday.
Hindustan Zinc Rs 590 est. Rs 585-595 Rs 618 Rs 570 Kunal Singla Hindustan Zinc participates in the base metals complex alongside the copper price prediction for tomorrow through zinc and silver businesses.
Tata Steel Rs 185 est. Rs 182-187 Rs 195 Rs 176 Ankit Jaiswal Infrastructure copper-steel co-demand tracks together. Copper price prediction for tomorrow stability supports Tata Steel steel demand context.

Screen All Stocks for Friday's session on Univest Screener

Strategy for the copper price prediction for tomorrow Session

  1. Rs 1,358-1,368 is Friday's buy-on-dip zone for Friday's session. Ankit Jaiswal: entry here with Rs 1,342 stop-loss, targeting Rs 1,378-1,386 first resistance.
  2. Copper sustained above Rs 1,370 (Thursday's close) at Friday open = correction absorbed; add positions targeting Rs 1,386-1,395.
  3. COMEX Copper above USD 4.25/lb pre-market = copper price prediction for tomorrow positive is carrying overnight; confirm before Friday entry.
  4. Kunal Singla: Hindalco equity above Rs 750 Friday = copper equity signal sustaining for Friday's session.

Key Risks to the copper price prediction for tomorrow

  • China property sector data disappointing Friday, reducing copper demand expectations on Friday.
  • MCX Copper breaking below Rs 1,357.55 (Thursday's intraday low), signalling the correction is accelerating on Friday.
  • COMEX Copper below USD 4.05/lb overnight from global risk-off, pulling MCX Copper toward Rs 1,342-1,352 secondary support on Friday.

Conclusion

The copper price prediction for tomorrow for Friday 14 August 2026 has crude oil's -1.88% Thursday fall to Rs 7,779 as its most important macro input. Ankit Jaiswal of Univest identifies primary support at Rs 1,358-1,368 and immediate resistance at Rs 1,378-1,386 for Friday's session, with the crude relief trade (auto, FMCG, cement) and IT recovery (TCS, HCL Tech) as Friday's two highest-conviction positive themes.

Kunal Singla of Univest adds that ICICI Bank's Thursday -1.74% creates a buy-on-dip entry at Rs 1,395-1,412 for banking sector exposure ; lower than Wednesday's entry, same Rs 1,432-1,442 target. Check GIFT Nifty above 24,420 and NASDAQ above 22,000 at 9 AM Friday as the two pre-market signals that confirm Friday's positive bias for Friday's session.

Disclaimer: Data in this article is sourced from publicly available information and may not be accurate. Verify all data with NSE (nseindia.com) and BSE (bseindia.com) before making investment decisions. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Copper Price Prediction For Tomorrow, 14 August 2026

What is the copper price prediction for tomorrow, 14 August 2026?

Ans. Mildly positive. MCX Copper fell just -0.29% to Rs 1,371.15 Thursday ; the mildest metal decline. Industrial demand from China and India NIP kept buyers engaged. Crude -1.88% reduces smelter costs. Support is Rs 1,358-1,368 and resistance is Rs 1,378-1,386 on Friday.

Why did copper hold better than other metals on Thursday in the copper price prediction for tomorrow context?

Ans. Copper's -0.29% versus silver's -0.80% and zinc's -0.51% Thursday reflects stronger industrial buyer support at lower levels. China infrastructure spending and India's NIP capex maintain structural copper demand that absorbs profit-booking more effectively than precious metals on Friday.

What is MCX Copper support and resistance for the copper price prediction for tomorrow?

Ans. Support is Rs 1,358-1,368 and Rs 1,342-1,352. Resistance is Rs 1,378-1,386 and Rs 1,392-1,402 on Friday.

Which analysts prepared the copper price prediction for tomorrow?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, using Groww-confirmed Thursday data: MCX Copper Rs 1,371.15 (-0.29%), L: Rs 1,357.55.

What stocks benefit in the copper price prediction for tomorrow?

Ans. Hindalco Industries (primary copper producer, smelter cost relief from crude -1.88%), Hindustan Zinc (base metals complex) and Tata Steel (infrastructure co-demand) are the equity plays in the copper price prediction for tomorrow.

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