Copper futures rise marginally on fresh bets

Copper prices rose 1.76 per cent to Rs 605.70 per kg in futures trade on Monday on pick up in spot demand.

On the Multi Commodity Exchange, copper contracts for January delivery traded higher by Rs 10.50, or 1.76 per cent, at Rs 605.70 per kg in a business turnover of 4,482 lots.

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