Copper futures rise marginally on fresh bets

Copper prices on Tuesday rose by 1 per cent to Rs 611.35 per kg in futures trade on a pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for January delivery traded higher by Rs 6.05, or 1 per cent, at Rs 611.35 per kg in a business turnover of 3,916 lots.

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