Copper gains on upbeat Japan data
06/04/2015 12:02
Copper prices rose by 1.60 per cent on Monday at the domestic market after Japan’s index of leading economic indicators rose more-than-expected last month signaling improving sentiment which raised the demand outlook for the metal. In a report, Cabinet Office said that Japan’s index of leading economic indicators rose to a seasonally adjusted 105.3, from 105.5 in the preceding month. At the MCX, copper futures for April 2015 contract were trading at Rs.381.50 per 1 kg, up by 1.60 per cent, after opening at Rs. 377.50 against the previous closing price of Rs. 375.50. It touched the intra-day high of Rs. 381.50 till the trading. (At 11.51 AM today).
06/04/2015 12:02
Copper prices rose by 1.60 per cent on Monday at the domestic market after Japan’s index of leading economic indicators rose more-than-expected last month signaling improving sentiment which raised the demand outlook for the metal. In a report, Cabinet Office said that Japan’s index of leading economic indicators rose to a seasonally adjusted 105.3, from 105.5 in the preceding month. At the MCX, copper futures for April 2015 contract were trading at Rs.381.50 per 1 kg, up by 1.60 per cent, after opening at Rs. 377.50 against the previous closing price of Rs. 375.50. It touched the intra-day high of Rs. 381.50 till the trading. (At 11.51 AM today).
