Copper futures up on fresh bets
Feb 6, 2020, 12:38 IST
New Delhi, Feb 6 () Copper prices on Thursday traded up by 0.89 per cent at Rs 438.35 per kg in futures market on the back of pick-up in spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in February traded higher by Rs 3.85, or 0.89 per cent, at Rs 438.35 per kg in a business turnover of 3,193 lots.
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Similarly, the metal for delivery in March edged up by Rs 3.55, or 0.81 per cent, to Rs 439.25 per kg in 92 lots.
Analysts attributed the rise in copper prices to raising of bets by participants driven by a 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.)