Copper futures rise marginally on fresh bets

Copper prices on Wednesday rose by 0.34 per cent to Rs 612.30 per kg in futures trade on a pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for January delivery traded higher by Rs 2.05, or 0.34 per cent, at Rs 612.30 per kg in a business turnover of 3,564 lots.

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

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