Copper Futures Rise on Spot Demand
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Copper futures climbed to Rs 1,302/kg on MCX due to increased spot demand. May contracts saw a 1.21% gain. Analysts cite higher participation.
Photograph: Kham/Reuters
New Delhi, Apr 15 (PTI) Copper futures rose by Rs 15.55 to Rs 1,302 per kg on Wednesday due to higher spot demand.
On the Multi Commodity Exchange, copper contracts for May delivery grew by Rs 15.55, or 1.21 per cent, to Rs 1,302 per kilogram in a business turnover of 1,800 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 15.55, or 1.21 per cent, to Rs 1,302 per kilogram in a business turnover of 1,800 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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