Commodity Watch: Rising Spot Demand Adds To Gains In Copper Futures

New Delhi: Copper prices on Monday rose 0.4 per cent to Rs 906.60 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On Multi Commodity Exchange (MCX), aluminium for delivery in April increased Rs3.60 or 0.4 per cent to Rs906.60 per kg in 6,240 lots.

Aluminium futures rise on fresh bets

Aluminium prices rose 50 paise to Rs257.75 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On MCX, aluminium for delivery in April increased 50 paise or 0.19 per cent to Rs257.75 per kg in 2,003 lots.

Zinc futures rise on high demand

Zinc prices grew 85 paise to Rs276.80 per kilogram in the futures trade amid a pick-up in spot demand. On MCX, zinc contracts for April delivery traded higher by 85 paise or 0.31 per cent at Rs276.80 per kg with a business turnover of 1,345 lots.