At the Multi Commodity Exchange, copper for delivery in April edged higher by 35 paise, or 0.08 per cent, to Rs 452.10 per kg in a business turnover of 10 lots.
On similar lines, the metal for delivery in February was trading higher by 10 paise, or 0.02 per cent, to Rs 448.55 per kg in 1,395 lots.
Market analysts attributed the rise in copper futures to building up of fresh positions by participants following pick up in demand from consuming industries at the domestic Physical Market.
On similar lines, the metal for delivery in February was trading higher by 10 paise, or 0.02 per cent, to Rs 448.55 per kg in 1,395 lots.
Market analysts attributed the rise in copper futures to building up of fresh positions by participants following pick up in demand from consuming industries at the domestic Physical Market.
Zinc:
Zinc prices were trading up by 0.27 per cent to Rs 206.10 per kg in futures trading today as traders created fresh positions, taking positive cues from the spot market on uptick in demand.
At the Multi Commodity Exchange, zinc for delivery in January traded higher by 55 paise, or 0.27 per cent, to Rs 206.10 per kg in a business turnover of 35 lots.
Similarly, the metal for delivery in December edged up by 50 paise, or 0.24 per cent, to Rs 205.85 per kg in 592 lots.
Market analysts said, fresh positions built up by participants due to improved demand from consuming industries in the physical market, mainly attributed the rise in zinc prices at futures trade.
Nickel:
Nickel prices inched up by 0.27 per cent to Rs 754.20 per kg in futures trade today as speculators created fresh positions amid pick-up in demand in the spot market.
At the Multi Commodity Exchange, nickel for delivery in December traded higher by Rs 2, or 0.27 per cent, to Rs 754.20 per kg in a business turnover of 947 lots.
Likewise, the metal for delivery in January edged up by Rs 1.80, or 0.24 per cent, to Rs 759.10 per kg in 47 lots.
Analysts said fresh positions built up by participants after uptick in demand from alloy-makers at the domestic spot market, mainly led to the rise in nickel prices at futures trade.
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