Copper futures up on domestic demand
In range-bound trading, copper futures edged higher by 0.10% this week largely in line with a better trend at the spot markets on pick-up in demand.
Copper’s weakness at the London Metal Exchange, restricted gains.
At the Multi Commodity Exchange, copper for delivery in August moved up by 45 paise, or 0.10%, to Rs 430.55 per kg, with a turnover of 2,705 lots.
Likewise, the metal for delivery in November gained 40 paise, or 0.09 per cent, to Rs 436.50 per kg, with a turnover of 214 lots.
