Copper prices traded higher by 0.20% to Rs 422.10 per kg in futures trade today as speculators created fresh positions on firming global trend.

At the Multi Commodity Exchange, copper for delivery in February traded higher by 85 paise, or 0.20% to Rs 422.10 per kg in business turnover of 7,073 lots.

Also Read   Related Stories News Now - Lead gains 0.28% on spot demand - Nickel falls marginally on profit-booking - Lead sheds 1% on sluggish demand - Copper sheds 0.55% on weak global cues - Nickel softens on subdued demand - Copper sheds 0.16% on global cues

Also Read   Related Stories News Now - Markets end flat - China's new privatisation plan faces push-back risk - New Delhi seeks stronger Myanmar ties as PM visits - India to guarantee safe gas transit from Tapi - Pak players likely to be part of IPL 2013 More

Analysts said fresh buying by speculators in tandem with a firming global trend mainly led to rise in copper prices at futures trade.

Meanwhile, copper for three-month delivery advanced 0.8% to $8,550 a metric tonne on the London Metal Exchange.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - China's new privatisation plan faces push-back risk - New Delhi seeks stronger Myanmar ties as PM visits - India to guarantee safe gas transit from Tapi - Pak players likely to be part of IPL 2013

Tags : Copper | Industrial metals | MCX | London Metal Exchange   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More