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Copper futures climb on fresh bets

Press Trust of India  |  New Delhi 

Copper prices on Wednesday traded up 0.61 per cent at Rs 370 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 2.25, or 0.61 per cent, at Rs 370 per kg in a business turnover of 283 lots.

Similarly, the metal for delivery in April edged up by Rs 3.30, or 0.88 per cent, to Rs 376.95 per kg in 1,398 lots.

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

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 25 2020. 13:12 IST