Copper futures up on spot demand
Mar 3, 2020, 11:46 IST
New Delhi, Mar 3 () Copper prices on Tuesday rose 0.34 per cent to Rs 430.45 per kg in futures trade as speculators enlargened positions amid pick-up in demand.
On the Multi Commodity Exchange, copper contracts for delivery in March traded higher by Rs 1.45, or 0.34 per cent, at Rs 430.45 per kg in a business turnover of 2,475 lots.
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Similarly, the metal for delivery in April edged up by Rs 1.25, or 0.29 per cent, to Rs 433.55 per kg in 60 lots.
Analysts attributed the rise in copper prices to raising of bets by participants driven by pick-up in spot demand. VHP SHWSHW(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)