Thursday, August 27, 2009

India copper futures in tight range

Published on 2009-08-27 12:39:58



Singapore - India August MCX copper futures flat at INR308.30/kg after trading in tight INR307.10-INR308.65 range. "Prices are consolidating after the recent rally. Equity and currency markets are also steady, giving no cues," says STCI Commodities trader Kapil Gandhi. Contract up 6% in past five sessions. Gandhi says LME inventory data - due 0800 GMT - to provide fresh cues.

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