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Copper rises 0.7% on global cues

Prices rose as speculators created fresh positions

Press Trust of India New Delhi
Last Updated : Mar 20 2013 | 4:10 PM IST
Copper futures for April rose by Rs 4.80, or 0.68% to Rs 415.60 per kg in 33,832 lots.

At the Multi Commodity Exchange (MCX), the June contract moved up by Rs 2.45, or 0.59% to Rs 421.25 per kg in 1594 lots.

Prices rose as speculators created fresh positions.

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Firming global trend mainly led to rise in copper futures trade here.

On the London Metal Exchange (LME), copper rose 0.6% to $7,572 a tonne.

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First Published: Mar 20 2013 | 4:08 PM IST

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