Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinesscommoditiesCopper futures rise 0.75% on spot demand, global cues

    Copper futures rise 0.75% on spot demand, global cues

    At the MCX, copper for delivery in April contracts rose by Rs 3.40, or 0.75 percent, to Rs 454.45 per kg in a business turnover of 13,893 lots.

    PTI
    April 01, 2019 / 13:14 IST

    Copper futures traded higher at Rs 454.45 per kg on April 1 on the back of firm global cues amid a pick-up in domestic demand at the spot markets.

    At the Multi Commodity Exchange, copper for delivery in April contracts rose by Rs 3.40, or 0.75 percent, to Rs 454.45 per kg in a business turnover of 13,893 lots.

    Market analysts said besides increased demand from consuming industries, a firm trend in base metals at global market mainly influenced copper prices at futures trade.

    PTI
    first published: Apr 1, 2019 01:01 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347