New Delhi, Oct. 3 -- Rising demand from essential industries and limited supply growth are likely to support the copper prices in the long-term. As copper prices continue to remain near record high levels, non-ferrous equities like Hindustan Copper, National Aluminium Company Limited, Vedanta Aluminium Metal, Vedanta Limited and Hindustan Zinc are likely to benefit from the situation, according to an Aditya Birla Capital report.

"A combination of limited new mine supply, rising strategic demand, and increasing focus on supply chain security is creating a commodity cycle which is different from the traditional demand-led cycles, in our view ," read the report.

Combination of factors like new demand avenues, limited mine development proje...