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Copper prices rose by Rs 3.55 to Rs 379.05 per kg in futures trade today largely in tandem with a firming trend overseas amids rising demand in domestic spot markets.
At the Multi Commodity Exchange, copper for delivery in April month contracts gained Rs 3.55, or 0.95%, to Rs 379.05 per kg in a business turnover of 790 lots.
The metal for delivery in far-month June edged up by Rs 3.30, or 0.87%, to Rs 383.90 per kg in 34 lots.
Analysts attributed the rise in copper futures to a firm trend in overseas markets after data showing the weakest pace of US hiring in more than a year weakened the dollar and boosted commodities.
Globally, in New York, copper for delivery in May on the Comex advanced 0.6% to $2.7495 a pound.
The London Metal Exchange and Shanghai Futures Exchange are closed for holidays in the UK and China.
