India, June 12 -- Copper prices moved higher in futures trade on Friday, supported by firm trends in overseas markets and improved sentiment across the global metals sector.
On the Multi Commodity Exchange (MCX), copper contracts for June delivery gained Rs 11.50, or 0.87%, to Rs 1,336.50 per kg, with a turnover of 15,340 lots.
Meanwhile, the July contract also registered gains, rising Rs 8.50, or 0.63%, to Rs 1,351 per kg, with a business turnover of 3,741 lots.
The rise in copper prices was largely driven by strengthening global market cues, which encouraged buying activity and supported gains in domestic futures trading.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....