NEW DELHI: Copper prices traded a shade higher to Rs 414.70 per kg in futures trade today as speculators created fresh positions, driven by mild demand in the spot market.
At the Multi Commodity Exchange, copper for delivery in August traded marginally higher by 25 paise, or 0.06 per cent, to Rs 414.70 per kg, with a business turnover of 14,119 lots.
Similarly, the metal for delivery in November edged up by 15 paise, or 0.04 per cent, to Rs 420.45 per kg in 1,026 lots.
Marketmen said fresh buying by speculators on higher demand in the spot market mainly helped copper futures to trade higher.