Copper futures rise marginally on firm spot demand
08/01/2018
Copper futures rise marginally on firm spot demand
08/01/2018 12:47
Copper futures were trading higher in the domestic market on Monday as speculators raised bets, largely in line with a firming trend in base metals in the domestic spot markets.
Analysts said gains in copper and other metals on rising demand at the domestic spot markets influenced metal prices in futures trade here.
At the MCX, copper futures for February 2018 contract was trading at Rs 453.60 per kg, up by 0.24 per cent, after opening at Rs 452.75, against a previous close of Rs 452.50. It touched the intra-day high of Rs 454.00 (at 12:50 hours).
08/01/2018
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Copper futures rise marginally on firm spot demand
08/01/2018 12:47
Copper futures were trading higher in the domestic market on Monday as speculators raised bets, largely in line with a firming trend in base metals in the domestic spot markets.
Analysts said gains in copper and other metals on rising demand at the domestic spot markets influenced metal prices in futures trade here.
At the MCX, copper futures for February 2018 contract was trading at Rs 453.60 per kg, up by 0.24 per cent, after opening at Rs 452.75, against a previous close of Rs 452.50. It touched the intra-day high of Rs 454.00 (at 12:50 hours).
