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Copper prices traded a shade higher by 0.05 per cent to Rs 427.55 per kg in futures trading today as speculators enlarged positions amid a firming global trend.
At the Multi Commodity Exchange, copper for delivery in November moved up by 20 paise, or 0.05 per cent, to Rs 427.55 per kg in a business turnover of 646 lots.
Analysts attributed the rise in copper futures to a firming global trend where the metal traded near one-week high before trade data from China, the biggest consumer of industrial metals.
Meanwhile, copper for delivery in three months saw little change at $6,980 a metric tonne on the London Metal Exchange.
