Copper futures traded higher at Rs 416.50 per kg Wednesday on the back of firm global cues amid pick-up in domestic demand at the spot markets.
At the Multi Commodity Exchange, copper for delivery in February rose by Rs 1.20, or 0.29 per cent, to Rs 416.50 per kg in a business turnover of 17,338 lots.
Market analysts said besides increased demand from consuming industries, a firm trend in base metals in global market, mainly influenced copper prices at futures trade.
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