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    Copper futures rise on fresh bets

    Synopsis

    On Multi Commodity Exchange, copper contracts for March delivery traded 0.62% higher at Rs 677 per kg.

    Agencies
    A pick-up in spot demand supported prices.

    Commodity Summary

    MCX
    NEW DELHI: Copper prices on Friday rose by 0.62 per cent to Rs 677 per kg in futures trade on a pick-up in spot demand.

    On the Multi Commodity Exchange, copper contracts for March delivery traded higher by Rs 4.15, or 0.62 per cent, to Rs 677 per kg in a business turnover of 3,611 lots.

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