Industrial metal futures are trading higher in the Indian markets on Monday. Metal index at the Multi-Commodity Exchange (MCX) went up 34.24 points or 0.82 percent to trade at 4196.87.
Copper futures went up Rs 2.90 or 0.83 percent to trade at 350.65 per kg at the MCX. Lead futures gained Rs 0.95 or 0.83 percent to trade at Rs 116.10 per kg.
While Aluminium futures gained Rs 0.80 or 0.78 percent to trade at Rs 103.55 per kg. Nickel futures gained Rs 4.70 or 0.69 percent to trade at Rs 688.20 per kg. Zinc futures went up Rs 0.80 or 0.67 percent to trade at Rs 119.95 per kg.
Commenting on the outlook on base metal, Kedia Commodity Comtrade said, ''Copper trading range for the day is 335.6-358.2. Zinc trading range for the day is 105-127.8. Nickel trading range for the day is 651.9-715.7.''