Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end higher on Thursday

11-May2018

Copper futures end higher on Thursday

Copper futures ended higher on Thursday. London copper prices too rose on falling inventories and strong import numbers from top consumer China. Customs data released this week showed that China imported 442,000 tons of unwrought copper in April, the highest monthly total so far in 2018.

Copper futures for July delivery rose 1.7 percent to settle at $3.11 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed up 1.6 percent at $6,917 a metric ton.



Related News

View all news

Copper futures end higher on eased trade tensions

Copper futures ended higher on Friday as concerns about the impact of trade tensions on the global economy continued to ease after tariffs announced this week were set at lower rates than had been expected......

Copper futures end higher on weak dollar

Copper futures ended higher on Thursday, supported by a weaker US dollar, with the currency sliding to a seven-week low against a basket of major currencies. However, concerns over the health of the global......

Copper futures end nearly flat on Wednesday

Copper futures ended nearly flat on Wednesday as traders weighed the latest moves in the trade battle between United States and China. Though, weaker dollar against some major basket of currencies capped......

Top News

View all news

Generic Engineering bags orders worth Rs 273.92 crore

Generic Engineering Construction & Projects has been awarded multiple orders to the tune of Rs 273.92 crore from established & reputed real estate developers and one from India's leading......

Zuari Global enters into agreement with Axis Finance to avail loan facility

Zuari Global has entered into a facility agreement with Axis Finance to avail loan facility and an overdraft facility not exceeding Rs 85 crore and an overdraft facility up to an amount not exceeding Rs......

Ravalgaon Sugar Farm to sell sugar plant

Ravalgaon Sugar Farm has executed the requisite transfer documents for transfer of its Sugar Plant and Building along with surrounding land of approximately 85,000 square meters to S. J. Sugar Distillery......