Copper Futures Rise on Spot Demand
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Copper futures climbed to Rs 1,298.50/kg on MCX due to increased spot demand and positive market sentiment. May contracts saw a 0.7% gain.
Photograph: Kham/Reuters
New Delhi, Apr 16 (PTI) Copper futures rose by Rs 9 to Rs 1,298.50 per kg on Thursday on higher spot demand.
On the Multi Commodity Exchange, copper contracts for May delivery grew by Rs 9, or 0.7 per cent, to Rs 1,298.50 per kilogram in a business turnover of 554 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 9, or 0.7 per cent, to Rs 1,298.50 per kilogram in a business turnover of 554 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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