Copper futures rise 0.20% on spot demand
12/12/2017
Copper futures rise 0.20% on spot demand
12/12/2017 12:02
Copper futures were trading higher in the domestic market on Tuesday as participants raised their bets, tracking a pick-up in spot demand.
Market analysts attributed the rise in copper futures to building up of fresh positions by participants driven by a firm.
At the MCX, copper futures for February 2018 contract was trading at Rs 432.55 per kg, up by 0.20 per cent, after opening at Rs 431.50, against a previous close of Rs 431.70. It touched the intra-day high of Rs 432.95 (at 12:10 hours).
12/12/2017
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Copper futures rise 0.20% on spot demand
12/12/2017 12:02
Copper futures were trading higher in the domestic market on Tuesday as participants raised their bets, tracking a pick-up in spot demand.
Market analysts attributed the rise in copper futures to building up of fresh positions by participants driven by a firm.
At the MCX, copper futures for February 2018 contract was trading at Rs 432.55 per kg, up by 0.20 per cent, after opening at Rs 431.50, against a previous close of Rs 431.70. It touched the intra-day high of Rs 432.95 (at 12:10 hours).
