Copper marginally up on spot demand

Copper futures for February declined by Rs 1.30, or 0.30% to Rs 440.95 per kg in 12,514  lots.

At the Multi Commodity Exchange (MCX), the April contract shed Rs 1.25, or 0.28% to Rs 445.95 per kg in 748 lots.

Pick-up in demand from industries in the spot market supported the trade.

Speculators creating fresh positions also helped the prices.

Weak trend in overseas markets restricted the gains.

On the London Metal Exchange (LME), the three-month contract fell 0.2% to $8,231.25 a tonne.