Copper futures up on domestic demand

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Copper futures up on domestic demand

In range-bound trading, copper futures edged higher by 0.10% this week largely in line with a better trend at the spot markets on pick-up in demand.

Copper’s weakness at the London Metal Exchange, restricted gains.

At the Multi Commodity Exchange, copper for delivery in August moved up by 45 paise, or 0.10%, to Rs 430.55 per kg, with a turnover of 2,705 lots.

Likewise, the metal for delivery in November gained 40 paise, or 0.09 per cent, to Rs 436.50 per kg, with a turnover of 214 lots.

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