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Copper futures up on spot demand, global cues

twitter-logo PTI        Last Updated: April 24, 2019  | 13:53 IST

New Delhi, Apr 24 (PTI) Copper futures traded higher by 45 paise at Rs 446.75 per kg on Wednesday as speculators built up positions amid a firming trend at the domestic spot market and positive global cues. In futures trade, copper for delivery in June was trading higher by 75 paise, or 0.17 per cent, at Rs 451.70 per kg in a business turnover of 3,413 lots at the Multi Commodity Exchange. Similarly, the metal for delivery in April edged up by 45 paise, or 0.10 per cent, to Rs 446.75 per kg in 11,392 lots. A firm trend overseas and rising demand at the domestic spot markets influenced copper futures here, market analysts said. PTI SHW RVK RVK

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