Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures trade lower on MCX

03-Oct2016

Copper futures trade lower on MCX

Copper futures traded lower on MCX as speculators trimmed positions amid a weak trend at the spot markets on low demand. Though, some losses were capped due to gains in base metals at the London Metal Exchange (LME) amid signs of stabilisation of China's economy.

The contract for November delivery was trading at Rs 327.85, down by 0.21% or Rs 0.70 from its previous closing of Rs 328.55. The open interest of the contract stood at 21978.00 lots.

The contract for February delivery was trading at Rs 334.35, down by 0.28% or Rs 0.95 from its previous closing of Rs. 333.40. The open interest of the contract stood at 519.00 lots on MCX.


Related News

View all news

Copper futures end higher on China's better than expected lending data

Copper futures ended higher on Friday after better than expected lending data in China, the world's biggest consumer, bolstered the demand outlook. China's banks made the most new loans on record in January......

Copper futures end tad higher on strong China trade data

Copper futures ended marginally higher on Thursday after better-than-expected China trade data, while investors awaited the outcome of high-level Sino-US trade talks in Beijing. Unwrought copper imports......

Copper futures end marginally higher on hopes of easing trade tensions

Copper futures ended marginally higher on Wednesday due to signs of an easing in tensions in the US-China trade conflict. US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday,......

Top News

View all news

V-Mart Retail, KPI Global Infrastructure and PNC Infratech to see some action today

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.KPI......

V-Mart Retail opens new store in Bihar

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.V-Mart Retail......

KPI Global Infrastructure bags 213.75KW solar power project

KPI Global Infrastructure has bagged an order for executing 213.75KW solar power project under 'Captive Power Producer (CPP)' category from Govindam Knit Fab, Surat for which the Letter of Intent (LoI)......