Copper futures rise marginally on fresh bets

Copper prices rose 0.57 per cent to Rs 573.10 per kg in the futures trade on Friday on a pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for the December delivery traded higher by Rs 3.25, or 0.57 per cent, to Rs 573.10 per kg in a business turnover of 7,205 lots.

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

(Except for the headline, this story has not been edited by The Federal staff and is auto-published from a syndicated feed.)