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Copper futures climb on positive cues

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Press Trust of India New Delhi
Last Updated : Jan 07 2020 | 1:20 PM IST

Copper prices on Tuesday traded up by 0.22 per cent at Rs 447.30 per kg in futures market on the back of pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in January traded higher by Re 1, or 0.22 per cent, at Rs 447.30 per kg in a business turnover of 2,504 lots.

Similarly, the metal for delivery in February edged up by Rs 1.35, or 0.30 per cent, to Rs 448.30 per kg in 107 lots.

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

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First Published: Jan 07 2020 | 1:20 PM IST

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