Base Metals & Energy
D A I L Y B U Z Z
COPPER
Copper prices rose by Rs 1.75 to Rs 426.55 per kg in futures trade today as speculators enlarged positions amid firm global trend and increased domestic demand.
At the Multi Commodity Exchange, copper for delivery in August traded higher by Rs 1.75, or 0.41 per cent, to Rs 426.55 per kg in a business turnover of 310 lots.
Similarly, the metal for delivery in November rose by Rs 1.45, or 0.33 per cent, to Rs 434.80 per kg in 65 lots.
ZINC
Zinc futures edged up by 0.21 per cent to Rs 143.10 per kg today as speculators enlarged positions
amid positive cues from global markets and rising domestic demand.
At the Multi Commodity Exchange, zinc for delivery in September was up by 30 paise, or 0.21 per cent, to Rs 143.10 per kg with a business turnover of nine lots.
The metal for delivery in August also rose by 25 paise, or 0.18 per cent, to Rs 142.85 per kg with a business turnover of 118 lots.
