Copper futures rise on robust demand

On the Multi Commodity Exchange, copper contracts for delivery in September traded higher by 80 paise, or 0.11 per cent, to Rs 712.85 per kg in a business turnover of 4,569 lots.

Copper futures rise on robust demand
NEW DELHI: Copper prices on Friday traded up by 0.11 per cent at Rs 712.85 per kg in the futures market on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in September traded higher by 80 paise, or 0.11 per cent, to Rs 712.85 per kg in a business turnover of 4,569 lots.

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

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