Spot demand lifts copper futures 0.31 pc

Image
Press Trust of India New Delhi
Last Updated : Oct 10 2017 | 12:08 PM IST
Copper futures traded 0.31 per cent higher at Rs 440.75 per kg today as speculators raised bets amid rising spot demand.

In futures trade, copper for delivery in November rose by Rs 1.35, or 0.31 per cent, at Rs 440.75 per kg in a business turnover of 1,059 lots at Multi Commodity Exchange.

Similarly, the metal for delivery in February edged up by Rs 1.20, or 0.27 per cent, at Rs 445.35 per kg in 15 lots.

Analysts said, rising demand from domestic consuming industries at the spot markets, influenced copper futures here.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 10 2017 | 11:22 AM IST

Next Story