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Copper futures up 0.28% on spot demand

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Press Trust of India New Delhi
Last Updated : Apr 09 2019 | 1:45 PM IST

Copper prices rose 0.28 per cent to Rs 453.35 per kg in futures market Tuesday as speculators built up fresh positions following pick-up in demand at the spot market.

At the Multi Commodity Exchange, copper for April contracts edged higher by Rs 1.25, or 0.28 per cent, to Rs 453.35 per kg in a business turnover of 12,811 lots.

Similarly, the metal for June contract was trading higher by Rs 1.65, or 0.36 per cent, to Rs 457.65 per kg in 651 lots.

Market analysts said, fresh positions created by traders due to up-tick in demand from consuming industries in the spot market mainly influenced copper prices here.

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First Published: Apr 09 2019 | 1:45 PM IST

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