Copper futures rise marginally on fresh bets

On the Multi Commodity Exchange, copper contracts for August delivery traded higher by Rs 2, or 0.39 percent, at Rs 509.50 per kg in a business turnover of 4,059 lots.

July 31, 2020 / 02:12 PM IST

Copper prices on Friday rose by 0.39 percent to Rs 509.50 per kg in futures trade on pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for August delivery traded higher by Rs 2, or 0.39 percent, at Rs 509.50 per kg in a business turnover of 4,059 lots.

Analysts attributed the rise in copper prices to raising of bets by participants, driven by pick-up in spot demand.
PTI
first published: Jul 31, 2020 02:00 pm
Sections