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Copper prices rose 0.60% to Rs 430.75 per kg in futures trade today as speculators created fresh positions after increased industrial demand in the spot market.
At the Multi Commodity Exchange, copper for delivery in August rose by Rs 2.55, or 0.60% to Rs 430.75 per kg in business turnover of 5958 lots.
Similarly, copper for delivery in November traded higher by Rs 2.10, or 0.48% to Rs 438.30 per kg in 404 lots.
Market analysts said fresh positions created by speculators on the back of increased industrial demand in the spot market mainly helped copper to trade higher at futures trade.
