Copper futures gain on spot demand
Mar 5, 2020, 11:05 IST
New Delhi, Mar 5 () Copper prices on Thursday traded up 0.25 per cent at Rs 429.60 per kg in futures market on the back of pick-up in spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in March traded higher by Rs 1.05, or 0.25 per cent, at Rs 429.60 per kg in a business turnover of 1,431 lots.
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Similarly, the metal for delivery in April edged up by Rs 1.15, or 0.27 per cent, to Rs 433.15 per kg in 42 lots.
Analysts attributed the rise in copper prices to raising of bets by participants driven by pick-up in spot demand. VHP RUJRUJ(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)