Copper futures slip over 2% to Rs 598 per kg In the futures market, copper for January delivery touched an intraday high of Rs 607.80 and a low of Rs 595.35 per kg on the MCX. Copper Copper prices shed over 2 percent to Rs 597.95 per kg on January 22 as the buzz around US stimulus eased and worries over rising COVID-19 cases in China deepened. The base metal extended decline and trade at day’s low after a gap opening. The red metal prices were under pressure on jump in China’s output. However, falling inventory at LME and ShFE-accredited warehouses capped the downside. The US dollar traded firm at 90.23 in the evening session.