Copper Prices Soar 43% in a Year, Major Sectors Face Margin Pressure

• Global copper prices surged 43% in one year, reaching record levels, with a 55% rise since 2012.
• Copper mining companies like Hindustan Copper benefit, seeing over 50% share price increase in a month.
• Wires & Cables, Consumer Durables, Specialized Winding Wires, and Industrial Components sectors face margin pressure due to increased raw material costs.
• Companies like Polycab India, Voltas, Precision Wires India, and auto/solar/battery manufacturers are affected, though many pass costs to customers.
• Long-term demand for copper is strong due to EVs, solar panels, AI, and data centers, while supply constraints (Chile, Indonesia) keep prices high.

Why It Matters: Soaring copper prices are boosting miners but squeezing margins for copper-dependent industries, with future demand robust.