Copper futures surge on rising demand
27/07/2017
Copper futures were trading higher during the noon trade in the domestic market on Thursday as traders widened position, tracking firm trend overseas.Besides, pick up in demand from consuming industries at the domestic spot market added to the upmove.At the MCX, copper futures for August 2017 contract is trading at Rs 408.70 per kg, up by 0.15 per cent, after opening at Rs 409.15, against a previous close of Rs 408.10. It touched the intra-day high of Rs 409.90 (at 12:10 hours).
27/07/2017
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Copper futures were trading higher during the noon trade in the domestic market on Thursday as traders widened position, tracking firm trend overseas.Besides, pick up in demand from consuming industries at the domestic spot market added to the upmove.At the MCX, copper futures for August 2017 contract is trading at Rs 408.70 per kg, up by 0.15 per cent, after opening at Rs 409.15, against a previous close of Rs 408.10. It touched the intra-day high of Rs 409.90 (at 12:10 hours).
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