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Copper futures marginally up on spot demand

Internationally, weak dollar also pushed prices higher on the LME

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 4:04 AM IST

Copper prices traded a shade higher to Rs 414.70 per kg in futures trade today as speculators created fresh positions, driven by mild demand in the spot market.

At the MCX, copper for delivery in August traded marginally higher by 25 paise, or 0.06%, to Rs 414.70 per kg, with a business turnover of 14,119 lots.

The November contract edged up by 15 paise, or 0.04%, to Rs 420.45 per kg in 1,026 lots.

Marketmen attributed the rise in prices a rise in demand in the spot market

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First Published: Aug 07 2012 | 1:50 PM IST

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