Business Standard

Spot demand lifts copper futures by 0.07%

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Press Trust of India New Delhi
Copper futures traded 0.07 per cent higher at Rs 359.30 per kg today as speculators enlarged positions amid rising spot demand.

At the Multi Commodity Exchange, copper futures for delivery in far-month August rose 25 paise, or 0.07 per cent, at Rs 363.10 per kg, in a business turnover of five lots.

Similarly, the metal for delivery for June edged up by 20 paise, or 0.06 per cent, at Rs 359.30 per kg in 809 lots.

Marketmen attributed rise in copper prices at futures trade to pick up in demand from consuming industries at the domestic spot markets.

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First Published: May 10 2017 | 11:32 AM IST

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