New Delhi, Apr 5 (PTI) Copper prices rose by 0.23 per cent to Rs 434.65 per kg in futures trade today as speculators built up fresh positions amid rising demand in domestic spot markets.
In futures trading at the Multi Commodity Exchange, copper for delivery in April traded higher by Re 1, or 0.23 per cent, to Rs 434.65 per kgin a business turnover of 1,457 lots.
Metal for delivery in far-month June rose 95 paise, or 0.22 per cent, to Rs 439.50 per kg in 11 lots.
Analysts attributed the rise in copper futures to raising of bets by participants, tracking a firm trend at the domestic markets following pick up in demand from consuming industries.
This is published unedited from the PTI feed.