Copper futures rise on spot demand

NEW DELHI: Copper prices on Friday traded up by 1.31 per cent at Rs 747.75 per kg in the futures market on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in June traded higher by Rs 9.65, or 1.31 per cent, at Rs 747.75 per kg in a business turnover of 4,535 lots.

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