Copper gains 0.73% in futures trade on global cues
Speculators enlarged position as June copper gains marginally in Shanghai
 "Copper gains 0.73% in futures trade on global cues")
Copper prices moved up by 0.73 per cent to Rs 379.05 per kg in futures trade today as speculators enlarged positions amid a firming trend overseas.
At the Multi Commodity Exchange, copper for delivery in April traded higher by Rs 2.75, or 0.73 per cent, to Rs 379.05 per kg in a business turnover of 1,318 lots.
The metal for delivery in June gained Rs 2.80, or 0.73 per cent, to Rs 383.85 per kg in a business turnover of 38 lots.
Meanwhile, copper for June delivery was up 0.1 per cent to 43,360 yuan ($ 6,983) per tonne in Shanghai.
At the Multi Commodity Exchange, copper for delivery in April traded higher by Rs 2.75, or 0.73 per cent, to Rs 379.05 per kg in a business turnover of 1,318 lots.
The metal for delivery in June gained Rs 2.80, or 0.73 per cent, to Rs 383.85 per kg in a business turnover of 38 lots.
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Analysts attributed the rise in copper futures to a firming trend in base metals in the global markets.
Meanwhile, copper for June delivery was up 0.1 per cent to 43,360 yuan ($ 6,983) per tonne in Shanghai.