Copper prices edged higher by Rs 1.15, or 0.32 per cent, to Rs 365.15 per kg in futures market today, as speculators enlarged their positions, influenced by a firming global trend on strong China manufacturing data.
At the Multi Commodity Exchange platform, copper for February-month gained Rs 1.15, or 0.32 per cent, to Rs 365.15 per kg, with a business turnover of 23 lots.
The metal for delivery in November-month also edged up by Rs one, or 0.28 per cent, to Rs 363.15 per kg, with a business volume of 16 lots.
Market analysts said firm trend in the entire base metals pack at the London Metal Exchange on strong China manufacturing data mainly led to a rise in copper prices at futures trade here.
Meanwhile, copper for three-month delivery rose 0.8 per cent to $8,076 a metric tonne on the London Metal Exchange.
