Commodity Watch: Copper futures shining on firm spot demand

New Delhi: Copper futures rose 0.8 per cent to Rs1,015.35 per kilogram on Monday due to higher spot demand. On the Multi Commodity Exchange (MCX), copper contracts for December delivery grew Rs8.05 or 0.8 per cent to Rs1,015.35 per kg in a business turnover of 2,340 lots. Analysts attributed the rise in copper prices to higher bets by participants.

Aluminium futures rise on fresh bets

Aluminium prices rose Rs1.65 to Rs276.40 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. On MCX, aluminium for delivery in December increased Rs1.65 or 0.6 per cent to Rs276.40 per kg in 573 lots.

Zinc futures rise

Zinc prices rose Rs1.90 to Rs300.40 per kilogram in futures trade amid a pick-up in spot demand. On MCX, zinc contracts for December delivery traded higher by Rs1.90 or 0.64 per cent to Rs300.40 per kilogram with a business turnover of 645 lots.