|
|
|
| |
BS:Copper up 0.09% on strong global cues |
|
| |
Copper futures for far-month April up by 40 paise, or 0.09%, to Rs 427.60 per kg in 3,596 lots.
At the Multi Commodity Exchange (MCX), the June contract traded 30 paise, or 0.07% higher, at Rs 432.90 per kg in 162 lots.
Speculators enlarging positions supported the trade. Further, pick-up in spot market demands also supported the upside.
Exports by China, the world's second-biggest economy rose 21.8% last month from a year earlier, beating the 8.1%. It strengthened the metal globally.
The three months' contract climbed 0.2% to $7,783 per tonne at the London Metal Exchange (LME).
While at Shanghai Futures Exchange (SFEX), the June contract advanced 0.5% to 56,800 yuan ($9,139) per tonne. |
| Source |
|
|
|
|
|