Published on 16/12/2019 4:12:51 PM | Source: Dion Global Solutions Ltd

Copper futures up on firm demand

Posted in Commodity Top News| #Copper #Commodity

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel 

Download Telegram App before Joining the Channel

Copper futures were trading higher during the noon trade in the domestic market on Monday as speculators raised their positions amid pick-up in demand at the spot market. Analysts said firm trend in base metals at the physical market mainly led to rise in copper prices here.

At the MCX, copper futures for December 2019 contract is trading at Rs 442.50per kg, up by 0.56 per cent, after opening at Rs 441.15, against a previous close of Rs 440.00. It touched the intra-day high of Rs 443.00(at 14:13 hours).