Copper futures traded 0.57 per cent higher at Rs 444.75 per kg today as speculators enlarged positions amid rising spot demand and positive global cues.
In futures trade, copper for delivery in current month rose Rs 2.50, or 0.57 per cent, at Rs 444.75 per kg in a business turnover of 1,411 lots at Multi Commodity Exchange.
Similarly, the metal for delivery for the June edged up by Rs 2.55, or 0.57 per cent, at Rs 449.05 per kg in 26 lots.
Marketmen attributed rise in copper prices at futures trade to pick up in demand from consuming industries at the domestic spot markets, besides a firm trend in select base metals in global market.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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