Tuesday, 19 August 2014

Copper futures up 0.17% on global cues

Copper prices rose 0.17 per cent to Rs 418.55 per kg in futures trade today as speculators enlarged positions amid a firming global trend and pick-up in demand. 

At the Multi Commodity Exchange, copper for delivery in August added another 70 paise, or 0.17 per cent, to Rs 418.55 per kg in a business turnover of 4,454 lots. 

In a similar fashion, the metal for delivery in November traded higher by 45 paise, or 0.11 per cent, to Rs 427.35 per kg in 116 lots. copper for delivery in three months gained 0.3 per cent to $ 6,926.75 a metric tonne at the London Metal Exchange. 


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