Copper Futures Surge on Higher Demand
Apr 04, 2024 14:50
Copper prices rose 1.06% on the Multi Commodity Exchange due to increased spot demand, driven by participant bets. Read more.
New Delhi, Apr 4 (PTI) Copper prices on Thursday rose 1.06 per cent to Rs 799 per kilogram in the futures market on the back of higher spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in April traded higher by Rs 8.35 or 1.06 per cent at Rs 799 per kg in a business turnover of 4,694 lots.
Analysts attributed the rise in copper prices to the raising of bets by participants.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.