 "Copper up 0.1% on global cues, spot demand")
Buoyed by a firm global trend and increased domestic demand, copper prices rose marginally by 0.09% to Rs 460.80 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in February contracts traded higher by 40 paise, or 0.09%, to Rs 460.80 per kg in business turnover of 357 lots.
Similarly, the metal for delivery in the far-month April edged up by 10 paise, or 0.02%, to Rs 465.95 per kg in 11 lots.
Meanwhile, copper for delivery in three months gained 0.3% to $7,222 a tonne on the London Metal Exchange.
At the Multi Commodity Exchange, copper for delivery in February contracts traded higher by 40 paise, or 0.09%, to Rs 460.80 per kg in business turnover of 357 lots.
Similarly, the metal for delivery in the far-month April edged up by 10 paise, or 0.02%, to Rs 465.95 per kg in 11 lots.
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Market analysts said besides increased demand from consuming industries, a firming trend overseas as demand from China, the biggest user, is expected to gain, influenced copper prices at futures trade here.
Meanwhile, copper for delivery in three months gained 0.3% to $7,222 a tonne on the London Metal Exchange.
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