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Copper rises by 0.3% on global cues

Rising physical demand at the domestic spot market supported the upside

Press Trust of India New Delhi
Last Updated : Jul 17 2015 | 12:42 PM IST
Tracking gains in base metals at the London Metal Exchange, copper prices were up 0.29% to Rs 364 per kg in futures trade today.

At Multi Commodity Exchange, copper for delivery in November traded higher by Rs 1.05, or 0.29%, at Rs 364 per kg in a business turnover of nine lots.

Similarly, the metal for delivery in August moved by a Re , or 0.28%, to Rs 357.30 per kg in 870 lots.

Analysts said apart from a firming trend in base metals at the London Metal Exchange (LME), rising physical demand at the domestic spot market supported the upside.

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First Published: Jul 17 2015 | 12:22 PM IST

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