Copper Futures Rise on Higher Demand - PTI
Feb 27, 2024 14:47
Copper prices rose 0.29% on the Multi Commodity Exchange, driven by increased spot demand. Analysts cite rising bets by participants as a factor.
New Delhi, Feb 27 (PTI) Copper prices on Tuesday rose 0.29 per cent to Rs 727.10 per kilogram in the futures market on the back of higher spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in March traded higher Rs 2.10 or 0.29 per cent at Rs 727.10 per kg in a business turnover of 3,949 lots.
Analysts attributed the rise in copper prices to the raising of bets by participants.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.