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(14/05/2025 13:25)

Copper futures edge higher on firm spot demand

Copper futures traded higher on Wednesday, gaining 0.34% to reach Rs 866.90 per kilogram, supported by strong demand in the spot market.

At the Multi Commodity Exchange (MCX), the June delivery contracts advanced by Rs 2.95 to settle at Rs 866.90 per kg, with a business volume of 2,595 lots.

According to market analysts, the uptick in copper prices was primarily driven by increased buying interest and stronger participation from traders amid steady demand trends.