Copper futures rise marginally on fresh bets

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

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Copper contracts for December delivery traded higher by Rs 4.25, or 0.76 per cent, at Rs 565.40 per kg in a business turnover of 6,401 lots.
Copper prices rose 0.76 per cent to Rs 565.40 per kg in futures trade on Thursday on pick up in spot demand.

On the Multi Commodity Exchange, copper contracts for December delivery traded higher by Rs 4.25, or 0.76 per cent, at Rs 565.40 per kg in a business turnover of 6,401 lots.

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

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