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23/04/2025 14:09

Copper futures edge higher on firm spot demand

Copper futures climbed on Wednesday, rising 0.66% to ?861.80 per kilogram, as traders created fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange (MCX), May delivery contracts advanced by ?5.65 to ?861.80 per kg with a volume of 6,151 lots.

Analysts attributed the gain to renewed buying interest and sustained demand from key consuming industries, which boosted copper prices in the futures trade.