Copper Futures Rise on Spot Demand - PTI
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Copper futures prices gained 0.57% on Monday, reaching Rs 811.50 per kg on the Multi Commodity Exchange (MCX) due to increased spot demand and speculation.
New Delhi, Apr 7 (PTI) Copper prices on Monday rose 0.57 per cent to Rs 811.50 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in May increased Rs 4.60 or 0.57 per cent to Rs 811.50 per kg in 3,118 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
On the Multi Commodity Exchange, aluminium for delivery in May increased Rs 4.60 or 0.57 per cent to Rs 811.50 per kg in 3,118 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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