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Copper futures trade tad higher on positive global cues

Copper futures traded higher on MCX, due to enlargement of positions by the speculators in line with firm trend in base metals at the physical markets. Moreover, positive cues from overseas amid optimism on trade deal also buoyed the rate.

The contract for June delivery was trading at Rs 429.80, up by 0.23% or Rs 1.00 from its previous closing of Rs 428.80. The open interest of the contract stood at 17232 lots on MCX.

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