 "Copper up 0.1% on spot demand")
Copper futures traded a shade higher at Rs 421.05 per kg today on positive cues from global markets and rising domestic spot demand.
At the Multi Commodity Exchange, copper for delivery in November month contracts rose by 50 paise, or 0.12%, to Rs 421.05 per kg, with a turnover of 619 lots.
Globally, copper for delivery in three months little changed at $6,843 per tonne at the London Metal Exchange, while in New York, the contract for December delivery rose 0.2% to $3.098 a pound.
Market analysts said fresh positions created by participants, tracking a firming trend overseas and rising demand in the spot markets, influenced copper prices at futures trade.
At the Multi Commodity Exchange, copper for delivery in November month contracts rose by 50 paise, or 0.12%, to Rs 421.05 per kg, with a turnover of 619 lots.
Globally, copper for delivery in three months little changed at $6,843 per tonne at the London Metal Exchange, while in New York, the contract for December delivery rose 0.2% to $3.098 a pound.
Market analysts said fresh positions created by participants, tracking a firming trend overseas and rising demand in the spot markets, influenced copper prices at futures trade.