Copper traded in positive zone with prices rising by Rs 2.90 to Rs 343.55 per kg in futures trade today, largely supported by firming trend in the global market. Besides, better demand in the physical markets fall in copper stocks in the warehouses monitored by the London Metal Exchange also provided support to the copper prices at futures market here. Click here to visit SME Buzz Also Read Related Stories News Now - Aluminium futures rises 0.85% on firm demand - Copper, nickel rise on industrial demand - Base metals witness mixed trend - Copper, nickel rise on fresh buying, global cues - Copper futures rise on fresh buying - Base metals move up on good demand On the Multi Commodity Exchange, copper for delivery in the month of November contracts traded higher by Rs 2.90, or 0.85 per cent, to Rs 343.55 per kg with an a business volume of 8 lots. The metal for delivery in August month contracts also gained Rs 2.85 or 0.84 per cent to Rs 341.20 per kg in turnover of 3 lots. Analysts attributed rise in copper futures to a nearly 2 per cent rise in its prices at Shanghai today followed by weekend gains at the London Metal Exchange on a weak dollar. Besides pick up in the spot demand also supported the upside in copper in futures trade here.

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