Copper futures rise marginally on fresh bets

Copper prices on Monday rose by 0.95 per cent to Rs 611.05 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 5.75, or 0.95 per cent, at Rs 611.05 per kg in a business turnover of 3,578 lots.

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