Copper futures exhibited mixed trend on MCX as the June contracts traded up as speculators created fresh positions, taking positive cues from global markets. While August contracts traded down as investors stayed cautious over booking fresh positions in the industrial metal amid weak physical demand for copper in the domestic spot market.
The contract for June delivery was trading at Rs 415.45, up by 0.07% or Rs 0.30 from its previous closing of Rs 415.15. The open interest of the contract stood at 15403.00 lots.
The contract for August delivery was trading at Rs 417.05, down by 0.06% or Rs 0.25 from its previous closing of Rs 417.30. The open interest of the contract stood at 801.00 lots on MCX.
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