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Copper futures trade higher as demand picks up
Jul-10-2025
Copper futures trade higher on MCX, kindled by the enlargement of bets by the speculators tracking pickup in demand from industrial consumers. Besides, concerns over a potential 50% US tariff on copper imports, and dip in inventory positions triggered upward momentum.

The contract for July delivery was trading at Rs 885.35 up by 0.17% or Rs 1.50 from its previous closing of Rs 883.85.The open interest of the contract stood at 8219 lots.

The contract for August delivery was trading at Rs 890.25 up by 0.15% or Rs 1.30 from its previous closing of Rs 888.95. The open interest of the contract stood at 2366 lots on MCX.

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