Copper futures surge on rising demand
14/12/2017
Copper futures surge on rising demand
14/12/2017 14:19
Copper futures were trading higher in the domestic market on Thursday 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 437.50 per kg, up by 0.03 per cent, after opening at Rs 437.45, against a previous close of Rs 437.25. It touched the intra-day high of Rs 437.65 (at 14:20 hours).
14/12/2017
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Copper futures surge on rising demand
14/12/2017 14:19
Copper futures were trading higher in the domestic market on Thursday 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 437.50 per kg, up by 0.03 per cent, after opening at Rs 437.45, against a previous close of Rs 437.25. It touched the intra-day high of Rs 437.65 (at 14:20 hours).
