New Delhi, Feb 13 (PTI) Copper prices rose 0.34 per cent to Rs 434.05 per kg in futures trade Wednesday as speculators built up fresh positions on the back of pick up in demand in the spot market amid positive global cues.

At the Multi Commodity Exchange, copper for delivery in February was trading higher by Rs 1.45, or 0.34 per cent, at Rs 434.05 per kg in 1,469 lots.

Marketmen attributed the rise in copper prices to fresh positions created by participants in line with rising demand at the domestic spot market and a firm trend overseas.

This is published unedited from the PTI feed.