New Delhi, Sep 28 (PTI) Copper futures traded 0.47 per cent higher at Rs 457.10 per kg Friday as speculators raised their bets amid rising spot demand and a firm trend overseas. Also Read - Copper futures marginally up on global cues
In futures trade, copper for delivery in February next year rose by Rs 2.15, or 0.47 per cent, at Rs 457.10 per kg in a business turnover of three lots at Multi Commodity Exchange. Also Read - Copper softens on weak global cues
Similarly, the metal for delivery in November edged up by Rs 1.90, or 0.42 per cent, at Rs 450.25 per kg in 323 lots. Also Read - Copper softens on fall in demand
Analysts said apart from rising demand from domestic consuming industries, firmness in the base metal at London Metal Exchange (LME), influenced copper futures here.
Globally, copper was three-month was up 0.20 per cent to USD 6,199 per tonne, snapping four straight sessions of declines.
This is published unedited from the PTI feed.