Copper futures up on spot demand

New Delhi, Feb 12 () Copper prices on Wednesday traded up by 0.06 per cent at Rs 434 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 25 paise, or 0.06 per cent, at Rs 434 per kg in a business turnover of 2,660 lots.

Similarly, the metal for delivery in March edged up by 65 paise, or 0.15 per cent, to Rs 436.15 per kg in 104 lots.

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