Copper futures jump amid pickup in spot demand

NEW DELHI: Copper prices on Tuesday traded up 1.57 per cent at Rs 767.40 per kg in the futures market on the back of a pickup in spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in May traded higher by Rs 11.85, or 1.57 per cent, at Rs 767.40 per kg in a business turnover of 4,884 lots.

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

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