Copper prices rose by 0.22 per cent to Rs 434.95 per kg in futures trade today as speculators built up fresh positions amid positive global cues.
Rising demand in domestic spot also influenced prices here.
In futures trade at the Multi Commodity Exchange, copper for delivery in August was trading up by 95 paise, or 0.22 per cent, to Rs 434.95 per kg in a business turnover of 879 lots.
The metal for delivery in November rose 65 paise, or 0.15 per cent, to Rs 440.65 per kg in 161 lots.
Analysts said, besides rising demand at the domestic spot markets, a firm trend overseas as inventories in London and Shanghai fell and the dollar sank after North Korea raised geopolitical tensions by launching a missile that flew over northern Japan, influenced copper prices in futures trade here.
Globally, copper for delivery in three months ended higher by 1.9 per cent at USD 6791.50 per tonne at the LME yesterday.
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