Base Metal: Copper rises 0.99% in market


Copper futures were trading high during the evening trade in the domestic market on Monday as traders built up fresh positions.

Analysts said, pick-up in demand from consuming industries in the spot market mainly supported the upside in copper futures.

Copper futures for August 2017 contract is trading at Rs 387.45 per kg, up by 0.99 %, after opening at Rs 385.95, against a previous close of Rs 383.65. It touched the intra-day higher of Rs 388.25.

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