Copper futures up 1.77% on spot demand
15/01/2018
Copper futures up 1.77% on spot demand
15/01/2018 11:51
Copper futures were trading higher in the domestic market on Monday as speculators widened positions amid positive global cues.
Analysts attributed the rise in copper futures trade to raising of bets by participants amid pick up in demand at the spot markets and positive global cues.
At the MCX, copper futures for February 2018 contract was trading at Rs 461.05 per kg, up by 1.77 per cent, after opening at Rs 457.90, against a previous close of Rs 453.05. It touched the intra-day high of Rs 461.45 (at 11:50 hours).
15/01/2018
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Copper futures up 1.77% on spot demand
15/01/2018 11:51
Copper futures were trading higher in the domestic market on Monday as speculators widened positions amid positive global cues.
Analysts attributed the rise in copper futures trade to raising of bets by participants amid pick up in demand at the spot markets and positive global cues.
At the MCX, copper futures for February 2018 contract was trading at Rs 461.05 per kg, up by 1.77 per cent, after opening at Rs 457.90, against a previous close of Rs 453.05. It touched the intra-day high of Rs 461.45 (at 11:50 hours).
