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Robust demand lifts copper futures by 0.45%

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Press Trust of India New Delhi

Copper prices went up 0.45 per cent to Rs 458.95 per kg in futures trading today as speculators built up fresh positions amid uptick in demand at the spot market.

At the Multi Commodity Exchange, copper for delivery in April rose by Rs 2.05, or 0.45 per cent to Rs 458.95 per kg in a business turnover of 1,588 lots.

Similarly, the metal for delivery in June was trading higher by Rs 2.10, or 0.45 per cent to Rs 464.25 per kg in 180 lots.

Marketmen said fresh positions by participants after pick-up in demand from consuming industries in the physical markets, mainly led to the rise in copper prices at futures trade.

 

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First Published: Apr 24 2018 | 11:55 AM IST

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