Metal futures were trading sideways during the evening session on Friday. The increase in Chinese inventories raised the demand concerns for the major industrial metal Copper and global economic growth concerns also added to the worries. Meanwhile investor's eye on today's economic data from US and Europe coupled with strengthening dollar pressurized the metals. Dollar Index edged up by 0.05% at 74.57 on Friday against the basket of 6 major traded peers as Europe's move to ban short-selling of shares was only a temporary fix that would not address troublesome situation prevailing in the euro zone region. In the domestic market at MCX, all the metals in lackluster note. Copper for delivery in August tested a high of Rs. 403.65 per kg in intraday and is now trading at Rs. 402.25 per kg. The open interest added 11.99% to 19,375 lots and volume traded as of now stood at 41,563 lots against 142,554 lots traded last day. Nickel was trading at Rs. 981.2 per kg and Aluminium trading flat at Rs. 108.5 per kg. MCX Zinc was trading at Rs. 98.65 per kg and Lead was trading at Rs. 108.45 per kg. Copper futures October contract in Shanghai settled at 66930 yuan per tonne, up 220 yuan or 0.33% higher. Comex Copper futures most active September contract was trading at $4.0145 a pound, up just by 1 cent compared to the previous day that ended at $4.0085 a pound.

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