Wednesday, 1 May 2019

Copper futures edge up on spot demand


Copper prices inched up 0.04 percent to Rs 450.55 per kg in futures trade on May 1 as speculators raised their positions amid pick-up in demand at the domestic spot market.

At the Multi Commodity Exchange, copper for delivery in June contracts rose by 20 paise, or 0.04 percent, to Rs 450.55 per kg in a business turnover of 10,179 lots.

Analysts said, firm trend in base metals at the physical markets mainly led to rise in copper prices.

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Source: Moneycontrol

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