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Copper futures rise marginally on fresh bets

On the Multi Commodity Exchange, copper contracts for July delivery traded higher by Rs 4.80, or 1 percent, at Rs 484.50 per kg in a business turnover of 6,862 lots.

July 09, 2020 / 02:25 PM IST

Copper prices on Thursday rose by 1 percent to Rs 484.50 per kg in futures trade on pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for July delivery traded higher by Rs 4.80, or 1 percent, at Rs 484.50 per kg in a business turnover of 6,862 lots.

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

PTI
first published: Jul 9, 2020 02:17 pm

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