Copper futures jump on pickup in spot demand

NEW DELHI: Copper prices on Thursday traded up 0.53 per cent at Rs 765.60 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 4, or 0.53 per cent, at Rs 765.60 per kg in a business turnover of 4,299 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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