News

Copper futures rise on robust demand

NEW DELHI: Copper prices on Friday traded up by 0.11 per cent at Rs 712.85 per kg in the futures market on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in September traded higher by 80 paise, or 0.11 per cent, to Rs 712.85 per kg in a business turnover of 4,569 lots.

Analysts attributed the rise in copper prices to the raising of bets by participants driven by a pick-up in the spot demand.

Articles You May Like

Spirit Airlines posts loss on surge in costs, expects Florida challenges to continue
Downside Breakouts in Euro and Sterling Crosses to Overshadow Dollar Volatility
Oil – ANZ have revised down their short-term oil demand forecast for 2022 and 2023
Vitalik Buterin proposes stealth addresses for anonymous NFT ownership
China releases a whitepaper on the Taiwan situation

Leave a Reply

Your email address will not be published.