Copper futures jump 1% on pickup in spot demand, Auto News, ET Auto -

Copper futures jump 1% on pickup in spot demand, Auto News, ET Auto


Analysts attributed the rise in copper rates to raising of bets by participants.
Analysts attributed the rise in copper rates to raising of bets by participants.

NEW DELHI: Copper prices on Monday traded up 1.31 per cent at Rs 678.20 per kg in futures market on the back of a pickup in spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in April traded higher by Rs 8.80, or 1.31 per cent, at Rs 678.20 per kg in a business turnover of 3,217 lots.

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

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