Copper futures rise 0.20% on upbeat demand
18/08/2017
Copper futures were trading higher during the noon trade in the domestic market on Friday as speculators extended their positions amid pick-up in demand at the domestic spot markets.
Marketmen attributed the rise in copper futures to rising demand from consuming industries at domestic spot markets supporting the upside.At the MCX, copper futures for August 2017 contract was trading at Rs 416.50 per kg, up by 0.20 per cent, after opening at Rs 414.70, against a previous close of Rs 415.65. It touched the intra-day high of Rs 416.90 (at 12:15 hours).
18/08/2017
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Copper futures were trading higher during the noon trade in the domestic market on Friday as speculators extended their positions amid pick-up in demand at the domestic spot markets.
Marketmen attributed the rise in copper futures to rising demand from consuming industries at domestic spot markets supporting the upside.At the MCX, copper futures for August 2017 contract was trading at Rs 416.50 per kg, up by 0.20 per cent, after opening at Rs 414.70, against a previous close of Rs 415.65. It touched the intra-day high of Rs 416.90 (at 12:15 hours).
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