You are here: Home » PTI Stories » National » News
Business Standard

Copper futures up on rising spot demand

Press Trust of India  |  New Delhi 

Copper futures rose 0.26 per cent to Rs 36.40 per kg today as participants widened their bets, taking positive cues from the spot market on pick-up in demand.

At Multi Commodity Exchange, copper for delivery in the current month contract was trading higher by 95 paise, or 0.26 per cent, to Rs 36.40 per kg with a turnover of 309 lots.



The metal for delivery in far-month August contract was up by 70 paise, or 0.19 per cent, to Rs 370.30 per kg with a trade volume of 25 lots.

Market analysts attributed the rise in copper futures trade to widening of positions, triggered by a firm trend at the physical market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Copper futures up on rising spot demand

Copper futures rose 0.26 per cent to Rs 36.40 per kg today as participants widened their bets, taking positive cues from the spot market on pick-up in demand. At Multi Commodity Exchange, copper for delivery in the current month contract was trading higher by 95 paise, or 0.26 per cent, to Rs 36.40 per kg with a turnover of 309 lots. The metal for delivery in far-month August contract was up by 70 paise, or 0.19 per cent, to Rs 370.30 per kg with a trade volume of 25 lots. Market analysts attributed the rise in copper futures trade to widening of positions, triggered by a firm trend at the physical market. Copper futures rose 0.26 per cent to Rs 36.40 per kg today as participants widened their bets, taking positive cues from the spot market on pick-up in demand.

At Multi Commodity Exchange, copper for delivery in the current month contract was trading higher by 95 paise, or 0.26 per cent, to Rs 36.40 per kg with a turnover of 309 lots.

The metal for delivery in far-month August contract was up by 70 paise, or 0.19 per cent, to Rs 370.30 per kg with a trade volume of 25 lots.

Market analysts attributed the rise in copper futures trade to widening of positions, triggered by a firm trend at the physical market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Copper futures up on rising spot demand

Copper futures rose 0.26 per cent to Rs 36.40 per kg today as participants widened their bets, taking positive cues from the spot market on pick-up in demand.

At Multi Commodity Exchange, copper for delivery in the current month contract was trading higher by 95 paise, or 0.26 per cent, to Rs 36.40 per kg with a turnover of 309 lots.

The metal for delivery in far-month August contract was up by 70 paise, or 0.19 per cent, to Rs 370.30 per kg with a trade volume of 25 lots.

Market analysts attributed the rise in copper futures trade to widening of positions, triggered by a firm trend at the physical market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22