Copper futures rise 1% on industrial demand
28/08/2017
Copper futures were trading higher during the noon trade in the domestic market on Monday amid rising demand from consuming industries.Analysts attributed the rise in copper futures trade to expanding of positions by participants, driven by rising demand from consuming industries at domestic spot markets.At the MCX, copper futures for August 2017 contract was trading at Rs 432.00 per kg, up by 1.04 per cent, after opening at Rs 429.25, against a previous close of Rs 427.55. It touched the intra-day high of Rs 432.70 (at 12:30 hours).
28/08/2017
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Copper futures were trading higher during the noon trade in the domestic market on Monday amid rising demand from consuming industries.Analysts attributed the rise in copper futures trade to expanding of positions by participants, driven by rising demand from consuming industries at domestic spot markets.At the MCX, copper futures for August 2017 contract was trading at Rs 432.00 per kg, up by 1.04 per cent, after opening at Rs 429.25, against a previous close of Rs 427.55. It touched the intra-day high of Rs 432.70 (at 12:30 hours).
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