Copper futures prices rose by 0.20% today, as speculators built up fresh positions, in tandem with a firming trend at the London Metal Exchange (LME).
Analysts said trading sentiments turned better as the metal strengthened at the London Metal Exchange after manufacturing in China, the world's largest consumer of the metal and the US improved, boosting the demand outlook for the copper.
At the Multi Commodity Exchange, copper delivery for June edged up by Re one, or 0.20%, to Rs 464.40 per kg, with a business turnover of three lots.
Similarly, the metal for delivery in February traded higher by 55 paise, or 0.12%, to Rs 459.35 per kg, with a business turnover of 16 lots.
Meanwhile, at the LME, copper for three-month delivery gained as much as 0.5% to $9,993 a metric tonne.
