Spot demand lifts copper futures 0.43% 24/08/2017

Spot demand lifts copper futures 0.43%
24/08/2017

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Copper futures were trading higher during the noon trade in the domestic market on Thursday as speculators raised bets. Analysts attributed the rise in copper futures trade to raising of bets by participants following a firm trend at the domestic spot markets on increased demand. At the MCX, copper futures for August 2017 contract was trading at Rs 423.35 per kg, up by 0.43 per cent, after opening at Rs 422.85, against a previous close of Rs 421.55. It touched the intra-day high of Rs 425.05 (at 12:10 hours).


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