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01-Dec2017

Copper futures trade higher on MCX

Copper futures traded higher on MCX, as demand for the metal in physical market got firm . The red metal prices also rose as speculators widened their positions, though the metal weakened in overseas market.

The contract for February delivery was trading at Rs 441.70 edged up by 0.30 % or Rs 1.30 from its previous closing of Rs 440.40. The open interest of the contract stood at 10919 lots.

The contract for April delivery was trading at Rs 445.35, strengthened by 0.18 % or Rs 0.80 from its previous closing of Rs 444.55. The open interest of the contract stood at 182 lots on MCX.


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