Copper Futures Rise on Spot Demand
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Copper futures gain on higher spot demand. April contracts rise on Multi Commodity Exchange. Analysts attribute rise to higher bets.
Photograph: Kham/Reuters
New Delhi, Mar 11 (PTI) Copper futures rose by Rs 1.45 to Rs 1,227.85 per kg on Wednesday due to higher spot demand.
On the Multi Commodity Exchange, copper contracts for April delivery grew by Rs 1.45, or 0.12 per cent, to Rs 1,227.85 per kilogram in a business turnover of 293 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
On the Multi Commodity Exchange, copper contracts for April delivery grew by Rs 1.45, or 0.12 per cent, to Rs 1,227.85 per kilogram in a business turnover of 293 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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