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Copper intra-day high of Rs. 309.80.

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Copper futures were trading higher in the domestic market on Monday on pick up in spot demand even as metal weakened overseas. Market men attributed the rise in copper futures to a firming trend at the domestic spot market on the back of pick up in industrial demand.


However, metal's weakness at the London Metal Exchange amid concern that the global economy is losing strength restricted the gains.


At the MCX, Copper futures for June 2016 contract were trading at Rs 308.55 per 1 kg, up by 1.16 per cent, after opening at Rs. 306.10, against the previous closing price of Rs. 305. It touched the intra-day high of Rs. 309.80. (At 11:32 hrs)

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1 comments:

  1. aditiMonday, 20 June, 2016

    Copper forms an important component of Indian commodity market. Updates related to it can be learned from this post. For live updates on all financial segments follow epic research.

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