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Copper rises in futures trade on global cues

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Press Trust of India

Copper prices rose marginally by 0.03% to Rs 398.35 per kg in futures trade today, buoyed by a firming trend on the London Metal Exchange (LME).

At the Multi Commodity Exchange, copper for delivery in February was up by 25 paise, or 0.03%, at Rs 398.35 per kg, in a turnover of 2,987 lots.

The metal for delivery in April gained by a similar margin to Rs 402.25 per kg, clocking a business volume of 232 lots.

Copper for three-month delivery gained 0.27% to $7,475 in early trade on the LME.

 

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First Published: Dec 22 2011 | 11:53 AM IST

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