2025-12-12 12:43:04 pm | Source: Accord Fintech
Copper futures trade higher on tight global supplies
Copper futures traded higher on MCX, on account of tight global supplies, strong demand driven by the green energy transition and infrastructure. Additionally, narrow inventory positions and softer dollar also encouraged red metal investments.
The contract for December delivery was trading at Rs 1118.75 up by 0.62% or Rs 6.90 from its previous closing of Rs 1111.85. The open interest of the contract stood at 7796 lots.
The contract for January delivery was trading at Rs 1129.70 up by 0.80% or Rs 8.95 from its previous closing of Rs 1120.75. The open interest of the contract stood at 3020 lots on MCX.
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