Copper futures rise on upbeat spot demand
10/11/2017 13:02
Copper futures rise on upbeat spot demand
10/11/2017 13:02
Copper futures were trading higher in the domestic market on Friday as speculators raised bets amid firm global trend and pick up in demand.
Analysts said firm trend in base metals in global market and increased demand from consuming industries in domestic spot markets led to rise in copper prices in futures trade.
At the MCX, copper futures for November 2017 contract was trading at Rs 444.95 per kg, up by 0.11 per cent, after opening at Rs 444.05, against a previous close of Rs 444.45. It touched the intra-day high of Rs 445.80 (at 13:08 hours).
10/11/2017 13:02
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Copper futures rise on upbeat spot demand
10/11/2017 13:02
Copper futures were trading higher in the domestic market on Friday as speculators raised bets amid firm global trend and pick up in demand.
Analysts said firm trend in base metals in global market and increased demand from consuming industries in domestic spot markets led to rise in copper prices in futures trade.
At the MCX, copper futures for November 2017 contract was trading at Rs 444.95 per kg, up by 0.11 per cent, after opening at Rs 444.05, against a previous close of Rs 444.45. It touched the intra-day high of Rs 445.80 (at 13:08 hours).