NEW DELHI, Dec 5: Taking positive cues from the global markets and a pick up in domestic demand, copper prices rose by 0.26 per cent to Rs 446.85 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 1.15, or 0.26 per cent, at Rs 446.85 per kg, with a business turnover of 2,279 lots.
Similarly, the metal for delivery in April edged up by Rs 1.15, or 0.26 per cent, to Rs 451.05 per kg, with a business turnover of 198 lots.
Marketmen said a firm global trend on hopes that demand may rise after China said it would keep economic policies stable, mainly influenced copper prices at futures trade here.
Further, increased demand at domestic spot markets from consuming industries also supported the upside, they said.
Meanwhile, copper for delivery in three months gained 0.3 per cent to trade at near six-week high of USD 8,055 a tonne on the London Metal Exchange. (PTI)
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