Copper futures rise marginally on fresh bets

Copper futures rise marginally on fresh bets
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Analysts attributed the rise in copper prices to raising of bets by participants, driven by a pick-up in spot demand.

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On the Multi Commodity Exchange, copper contracts for the September delivery traded higher by Rs 1.10, or 0.21 per cent, at Rs 532.65 per kg in a business turnover of 4,616 lots.

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New Delhi: Copper prices on Friday rose 0.21 per cent to Rs 532.65 per kg in the futures trade on a pick-up in spot demand. On the Multi Commodity Exchange, copper contracts for the September delivery traded higher by Rs 1.10, or 0.21 per cent, at Rs 532.65 per kg in a business turnover of 4,616 lots.

Analysts attributed the rise in copper prices to raising of bets by participants, driven by a pick-up in spot demand.

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