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Copper futures slightly up on global trend

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:38 AM IST

Copper prices rose marginally by Rs 0.50, or 0.16 per cent, to Rs 312.25 per kg in futures trade today on revival of buying by speculators, driven by firming global trend.

At the Multi Commodity Exchange, copper for August-month gained Rs 0.50, or 0.16 per cent, to Rs 312.25 per kg, with an open interest of 25,505 lots.

Similarly, the metal for delivery in November traded higher by Rs 0.45, or 0.14 per cent, to Rs 315.25 per kg, with an open interest of 2,768 lots.

Marketmen said fresh buying by traders and reports of better trend in prices at the London Metal Exchange mainly led to a rise in copper prices at futures trade.

Meanwhile, copper rose by 0.7 per cent to $6,680 an ounce at the London Metal Exchange.

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First Published: Jul 14 2010 | 4:21 PM IST

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