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( As on 20/01/2020 12:14) Copper futures surge on high demand

Copper futures were trading higher during the noon trade in the domestic market on Monday as speculators raised their positions amid pick-up in demand at the spot market.

Analysts said firm trend in base metals at the physical market mainly led to rise in copper prices here.

At the MCX, copper futures for January 2020 contract is trading at Rs 456.25 per kg, up by 0.36 per cent, after opening at Rs 455.70, against a previous close of Rs 454.60. It touched the intra-day high of Rs 456.55 (at 12:19 hours).