Tuesday, 3 May 2011
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Copper futures up on spot demand
Supported by a firming trend in the spot market on pick-up in demand, copper prices rose by 0.45% to Rs 424.25 per kg in futures trade today. However, weak trend in base metals at the London Metal Exchange on demand concerns, after manufacturing in China and the US expanded at slower pace, capped the gains. At the Multi Commodity Exchange, copper for delivery in August rose by Rs 1.90, or 0.45%
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