Tracking positive Asian cues and a pick-up in spot demand, copper futures rose marginally by 0.11% to Rs 413.85 per kg today.
At the Multi Commodity Exchange, copper for delivery in June rose by 45 paise, or 0.11%, to Rs 413.85 per kg, with a turnover of 363 lots.
Similarly, the metal for delivery in April was up by ten paise, or 0.02%, at Rs 411.10 per kg, with a trade volume of 2,385 lots.
Market analysts said besides rising demand in the spot markets, a firming trend in Asian trade led to the rise in copper in futures market.
At the Multi Commodity Exchange, copper for delivery in June rose by 45 paise, or 0.11%, to Rs 413.85 per kg, with a turnover of 363 lots.
Similarly, the metal for delivery in April was up by ten paise, or 0.02%, at Rs 411.10 per kg, with a trade volume of 2,385 lots.
More From This Section
In Asian trade, copper futures for delivery in July added 0.5% to 46,660 yuan ($7,478) a tonne in Shanghai.
Market analysts said besides rising demand in the spot markets, a firming trend in Asian trade led to the rise in copper in futures market.