Copper futures rise on robust demand
17/08/2017
Copper futures were trading higher during the noon trade in the domestic market on Thursday 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 419.50 per kg, up by 0.12 per cent, after opening at Rs 420.05, against a previous close of Rs 419.00. It touched the intra-day high of Rs 420.60 (at 12:20 hours).
17/08/2017
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Copper futures were trading higher during the noon trade in the domestic market on Thursday 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 419.50 per kg, up by 0.12 per cent, after opening at Rs 420.05, against a previous close of Rs 419.00. It touched the intra-day high of Rs 420.60 (at 12:20 hours).
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