Copper futures gain on upbeat demand
21/07/2017
Copper futures were trading higher during the noon trade in the domestic market on Friday as traders widened their bets.Analysts said, pick-up in demand from consuming industries in the spot market mainly supported the upside in copper futures.At the MCX, copper futures for August 2017 contract is trading at Rs 388.50 per kg, up by 0.32 per cent, after opening at Rs 387.45, against a previous close of Rs 387.25. It touched the intra-day high of Rs 389.30 (at 12:20 hours).
21/07/2017
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Copper futures were trading higher during the noon trade in the domestic market on Friday as traders widened their bets.Analysts said, pick-up in demand from consuming industries in the spot market mainly supported the upside in copper futures.At the MCX, copper futures for August 2017 contract is trading at Rs 388.50 per kg, up by 0.32 per cent, after opening at Rs 387.45, against a previous close of Rs 387.25. It touched the intra-day high of Rs 389.30 (at 12:20 hours).
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