In range-bound trading, copper futures edged higher by 0.50% to Rs 441.65 per kg today largely supported by gains in metal at the London Metal Exchange and better domestic demand at the spot markets.
At the Multi Commodity Exchange, copper for November delivery moved up by Rs 1.90, or 0.50%, to Rs 441.65 per kg, with a turnover of 237 lots.
Likewise, the metal for August delivery gained Rs 2.10, or 0.48%, to Rs 435.70 per kg, with a turnover of 185 lots. It had ended flat at Rs 433.60 per kg in the previous session.
Market analysts attributed gains in copper futures prices to firming trend in futures trade at London Metal Exchange and good demand at spot markets.
