Commodity Watch: Copper futures rise on firm global cues

New Delhi: Copper prices rose more than 1 per cent to Rs 1,306.45 per kg in futures trade on Monday, tracking firm trends in the global markets amid continuous supply concerns.

On the Multi Commodity Exchange, copper futures for January delivery rose Rs 19.35, or 1.5 per cent in a business turnover of 13,926 lots. Similarly, the February contract for the red metal increased Rs 20.90, or 1.6 per cent, to Rs 1,324.60 per kg in 4,771 lots.

Aluminium futures climb on fresh bets

Aluminium prices rose Rs 2.40 to Rs 305.15 per kg in futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in January went up by 0.79 per cent in 4,024 lots.

Zinc futures soar on higher demand

Zinc prices rose Rs 2.65 to Rs 309.25 per kg in futures trade amid a pick-up in spot demand. Zinc contracts for January delivery traded higher by 0.86 per cent in a business turnover of 5,392 lots.