Buoyed by a firm global trend and pick up in domestic demand, copper prices rose by 0.46% to Rs 430.20 per kg in futures trade today as speculators enlarged positions.
At the Multi Commodity Exchange, the February contract for copper traded higher by Rs 1.95, or 0.46%, to Rs 430.20 per kg, with a business turnover of 203 lots.
The November contract edged up by Rs 1.95, or 0.45%, to Rs 423.95 per kg, with a business turnover of 2,872 lots.
Marketmen said besides increased demand from consuming industries, a firming trend in base metals at the London Metal Exchange (LME) influenced copper prices at futures trade.
Meanwhile, copper for delivery in three months gained 0.5% to $7,734.75 a tonne at the LME.
