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07-Aug2018

Copper futures trade higher on MCX

Copper futures traded higher on MCX, as speculators indulged in fresh buying amid uptick in demand from consuming industries in the spot market, despite negative trend overseas.

The contract for August delivery was trading at Rs 418.90, up 0.82 % or Rs 3.40 from its previous closing of Rs 415.50. The open interest of the contract stood at 30826 lots.

The contract for November delivery was trading at Rs 426.00, up by 0.78 % or Rs 3.30 from its previous closing of Rs 422.70. The open interest of the contract stood at 808 lots on MCX.


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