Business Standard

Sunday, January 19, 2025 | 06:29 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Copper futures up on global cues

Image

Press Trust of India New Delhi

Copper prices rose by Rs 1.65 to Rs 432.05 per kg in futures trade today as speculators enlarged their positions on the back of a firming global trend.

At the Multi Commodity Exchange, copper for delivery in August rose by Rs 1.65, or 0.38% to Rs 432.05 per kg, with a business turnover of two lots.

Similarly, the metal for delivery in April edged up by Rs 1.40, or 0.33% to Rs 419.80 per kg, with a business turnover of three lots.

Market analysts said a firming trend in copper at the London Metal Exchange (LME) mainly led to the rise in the metal prices at futures trade here.

 

Meanwhile, copper jumped 1.1% to $9,444.50 a metric tonne on the London Metal Exchange.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 20 2011 | 3:50 PM IST

Explore News