 "Copper up 0.2% on global cues")
Copper prices rose 0.17% to Rs 418.55 per kg in futures trade today as speculators enlarged positions amid a firming global trend and pick-up in demand.
At the Multi Commodity Exchange, copper for delivery in August added another 70 paise, or 0.17%, to Rs 418.55 per kg in a business turnover of 4,454 lots.
In a similar fashion, the metal for delivery in November traded higher by 45 paise, or 0.11%, to Rs 427.35 per kg in 116 lots.
Meanwhile, copper for delivery in three months gained 0.3% to $6,926.75 a metric tonne at the London Metal Exchange.
At the Multi Commodity Exchange, copper for delivery in August added another 70 paise, or 0.17%, to Rs 418.55 per kg in a business turnover of 4,454 lots.
In a similar fashion, the metal for delivery in November traded higher by 45 paise, or 0.11%, to Rs 427.35 per kg in 116 lots.
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Analysts attributed the rise in copper futures to a firming global trend ahead of manufacturing data from China, the world's largest users of industrial metals.
Meanwhile, copper for delivery in three months gained 0.3% to $6,926.75 a metric tonne at the London Metal Exchange.