Copper rises 0.4% on increased demand

Global trends strengthened after China's total exports surged 25%

Press Trust of India New Delhi
Last Updated : Feb 08 2013 | 3:25 PM IST
Copper futures for February rose Rs 1.70, or 0.39% to Rs 443.10 per kg in 23,413 lots.

At the multi Commodity Exchange (MCX), the April contract traded higher by Rs 1.65, or 0.37% to Rs 448.05 per kg in 2190 lots.

Prices rose as speculators enlarged positions on increased domestic demand.

Global trends strengthened after China's total exports surged 25% last month thus influencing the sentiment.

On the London Metal Exchange, copper added 0.4% to $8,235.75 a metric tonne.

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First Published: Feb 08 2013 | 3:24 PM IST

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