Monday 31 March 2014

CAPITAL STROKE COMMODITY UPDATE 1 APRIL 2014: MCX COPPER



Copper prices fell by 0.25 per cent on Monday at the domestic markets after US consumer sentiment fell to the lowest level in four months in March 2014, weighing on the metal. The gauge measuring US consumer sentiment fell to 80 this month from 81.6 in February, Thomson Reuters said.

At the MCX, copper futures for April 2014 contract were trading at Rs.403.60 per 1 kg, down by 0.25 per cent, after opening at Rs. 404.70 against the previous closing price of Rs. 404.60. It touched the intra-day low of Rs. 402.95 till the trading.


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