Rising demand lifts copper futures
Mar 24, 2020, 12:39 IST
New Delhi, Mar 24 () Copper prices on Tuesday traded up 0.96 per cent at Rs 363.90 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 3.45, or 0.96 per cent, at Rs 363.90 per kg in a business turnover of 1,808 lots.
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Similarly, the metal for delivery in April edged up by Rs 5.15, or 1.4 per cent, to Rs 372.25 per kg in 733 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.)