Copper futures rise on spot demand

NEW DELHI: Copper prices on Monday traded up by 0.46 per cent to Rs 703.20 per kg in the futures market on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in August traded higher by Rs 3.25, or 0.46 per cent, to Rs 703.20 per kg in a business turnover of 3,364 lots.

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

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