Copper futures rise marginally on fresh bets

Copper prices on Tuesday rose 1.01 per cent to Rs 607.50 per kg in the futures trade on a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for the January delivery traded higher by Rs 6.10, or 1.01 per cent, at Rs 607.50 per kg in a business turnover of 4,672 lots.

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