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Copper futures gain 0.36% on positive global cues

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Press Trust of India New Delhi
Last Updated : Apr 04 2019 | 1:51 PM IST

Copper prices edged higher by 0.36 per cent to Rs 448.75 per kg in futures trade Thursday as participants raised bets, tracking positive global cues.

At the Multi Commodity Exchange, copper for delivery in April was up by Rs 1.60, or 0.36 per cent, to Rs 448.75 per kg with a business turnover of 12,925 lots.

The metal for delivery in June also traded higher by Rs 1.70, or 0.38 per cent, at Rs 452.80 per kg in 102 lots.

Analysts said firm trend overseas and pick up in demand in the spot market, mainly led to the rise in copper prices in futures trade.

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First Published: Apr 04 2019 | 1:51 PM IST

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