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Copper rises 0.2% on global cues

Prices rose as speculators enlarged positions

Press Trust of India New Delhi
Last Updated : Feb 13 2013 | 3:51 PM IST
Copper futures for April rose by 70 paise, or 0.16% to Rs 451 per kg in 1,028 lots.

At the Multi Commodity Exchange (MCX), the February contract traded higher by 60 paise, or 0.13% to Rs 445.75 per kg in 8,736 lots.

Prices rose as speculators enlarged positions.

Speculation of a recovery in demand in China triggered firm trend in overseas markets.

On the London Metal Exchange (LME), the three months' contract gained 0.2% to $8,253.25 a tonne.

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First Published: Feb 13 2013 | 2:30 PM IST

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