Copper up nearly 75% in a year squeezes Coimbatore MSMEs as prices hit ₹1,450 a kg
AI Market Summary
Copper prices in India's Coimbatore MSME cluster are reported up ~75% y/y, materially compressing margins as firms can pass through only 10%–15% of cost inflation. The story underscores tight copper supply/demand dynamics and broad input-cost pressure (steel, zinc, petroleum-based products), with substitution toward recycled and copper-coated materials. Near-term market focus is on copper's inflation transmission into manufacturing and industrial competitiveness.
Impact level
● Medium
Affected assets
NCCO724COPPER2USD/USDT+2.70%
AI Insight · NCCO724COPPER2USD/USDTAI Insight
▲ Bullish
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MSMEs in Coimbatore, India, are facing rising input costs after copper prices surged nearly 75% over the past year, with one kg now at ₹1,450 versus ₹800₹900 a year earlier. Prices had earlier touched ₹1,500 a kg before easing slightly. Local industry groups say once the increase crossed 60%, firms could pass on only 10%15% of the rise to customers, leaving engineering and electrical manufacturers with sharply compressed margins.
