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Taking positive cues from the overseas markets and a pick-up in spot demand, copper futures prices today rose by 0.33% to Rs 453 per kg.
At the Multi Commodity Exchange, copper for delivery in April rose by Rs 1.50, or 0.33%, to Rs 453 per kg, with a turnover of 127 lots.
Similarly, the metal for delivery in February was up by Rs 1.40, or 0.31%, at Rs 446.90 per kg, with a trade volume of 3,532 lots.
Globally, copper for three-month delivery up by 0.4% to $6,987.50 a tonne on the London Metal Exchange (LME), while at Shanghai Futures Exchange rose 0.20% to 50,290 yuan (USD 8,256) per tonne.
Market analysts attributed the rise in copper in futures trade to a firming trend on the LME as stockpiles decreased and manufacturing expanded in China and the US, the world's biggest users.
