Copper markets are consolidating on gains of morning session in domestic future exchange. The Indian Copper futures registered rise after increase in European markets and fall of dollar against the Dollar.
The dollar has wobbled in and around 1.2580-1.2530 against the EURO. The Euro is trading at 1.2572 per Dollar.
Shanghai Copper closed with marginal rise of 20 yuan per tonne from Monday and is trading at 52390 yuan per tonne.
Copper August expiry contract is at Rs 309 per kg, up Rs 3, as we write. The contract tested an intra day high of Rs 309.5 per kg and a low of Rs 305.5 per kg.
