Copper futures rise 0.44 pc on spot demand, global cues

Copper prices were up by 0.44 per cent at Rs 446.90 per kg Wednesday on the back of firm global cues amid pick-up in domestic market.

At the Multi Commodity Exchange, copper for delivery in April rose by Rs 1.95, or 0.44 per cent, to Rs 446.90 per kg in a business turnover of 13,181 lots.

Market analysts said besides increased demand from consuming industries, a firm trend in base metals in global market mainly influenced copper prices here.