Copper futures prices rose 0.36% to Rs 470.25 per kg today as speculators enlarged positions amid a firming trend at spot markets on industrial demand even as metal weakened overseas.
At the Multi Commodity Exchange, copper for delivery in February rose by Rs 1.70, or 0.36% to Rs 470.25 per kg, with a business turnover of 382 lots.
Similarly, the metal for delivery in far-month April moved up by Rs 1.70, or 0.36%, to Rs 475.10 per kg in 40 lots.
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Marketmen said pick up in domestic demand mainly influenced copper prices at futures trade but metal's weakness in the global market, capped the gains.
Meanwhile, copper for delivery in 3 months traded fell 0.2% to trade at $7,360 a tonne on the London Metal Exchange (LME) in yesterday's trade.
Meanwnhile, the LME is shut today for New Year's Day holiday.