Wednesday, July 15, 2009

India copper futures at one-month high on buying

Published on 2009-07-15 13:23:37

Singapore - India August MCX copper futures trading up 1.2% at one-month high of INR250.50/kg on fresh buying tracking London metal market; open interest up 8.5% at 22,825 lots. "Most of the Asian equity markets are firm today, lending support to the metal prices," says Kapil Gandhi, trader with STCI Commodities; expects contract to test INR254 technical resistance later today

No comments:

Post a Comment