Copper prices traded marginally higher by 0.08% to Rs 434.70 per kg in futures trade today on pick up in demand in the spot market amid a firm global trend.
The trading sentiment turned better after copper gained in overseas markets as a new-home construction report may add to signs of growth in the US, the second-biggest buyer of the metal.
At the Multi Commodity Exchange, copper for delivery in November inched up by 35 paise, or 0.08%, to Rs 434.70 per kg in business turnover of 12,277 lots.
February copper traded higher by the same margin to Rs 440.40 per kg in 734 lots.
Market analysts said besides pick up in spot demand, a firm global trend led to the rise in copper futures.
Meanwhile, copper rose 0.3% to $8,150.75 a tonne on the London Metal Exchange.
