Copper Futures Rise on Spot Demand
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Copper futures climbed to Rs 1,228/kg on MCX due to increased spot demand. May contracts saw a 0.13% gain. Analysts cite higher participation.
Photograph: Kham/Reuters
New Delhi, Apr 13 (PTI) Copper futures rose by Rs 1.65 to Rs 1,228 per kg on Monday due to higher spot demand.
On the Multi Commodity Exchange, copper contracts for May delivery grew by Rs 1.65, or 0.13 per cent, to Rs 1,228 per kilogram in a business turnover of 574 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
On the Multi Commodity Exchange, copper contracts for May delivery grew by Rs 1.65, or 0.13 per cent, to Rs 1,228 per kilogram in a business turnover of 574 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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