MCX Copper Futures Surge on Spot Demand Frenzy
Copper futures on the Multi Commodity Exchange (MCX) rose by Rs 6.75 to Rs 1,372.30 per kilogram in a business turnover of 3,907 lots on Wednesday.
The increase was due to higher spot demand, according to analysts.
Copper contracts for September delivery were up by 0.49% from the previous day's closing price, indicating firm demand in the market.