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Copper rises 0.07% on global cues

Pick-up in domestic demand supported the trade

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Press Trust of India New Delhi
Last Updated : Jan 28 2013 | 2:18 PM IST

Copper futures for February traded higher by 30 paise, or 0.07%, at Rs 436.90 per kg in 5,005 lots.

At the Multi Commodity Exchange, the April contract rose 20 paise, or 0.05% to Rs 442.05 per kg in 486 lots.

Pick-up in domestic demand supported the trade.

Data from China added to signs that a rebound is gaining momentum and Japan raising its economic outlook, boosting demand for industrial metals globally.

On the London Metal Exchange, three months' contract gained 0.5% to trade at $8,070 a tonne.

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First Published: Jan 28 2013 | 2:18 PM IST

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