Tracking a firm trend in base metals overseas, copper prices went up by 1.10 per cent to Rs 433.40 per kg in futures trade today as speculators built up fresh positions.
Besides, pick up in demand from consuming industries at the domestic spot market too supported the uptrend.
At the Multi Commodity Exchange, copper for delivery in April rose by Rs 4.70, or 1.10 per cent, to Rs 433.40 per kg in a business turnover of 2,422 lots.
On similar lines, the metal for delivery in June traded higher Rs 4.55, or 1.05 per cent, to Rs 438.40 per kg in 30 lots.
Analysts said a firm trend in copper and other base metals at the LME, lifted by a rebound in equities on hopes that a trade war between top metals consumer China and the United States may be avoided, influenced copper futures.
Globally, copper for three-month delivery rose by 1.3 per cent to USD 6,686 a tonne on the London Metal Exchange.
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