Indian copper futures continued trading up on Monday on the back of positive global economic data, rising equity markets and falling inventories, analysts said. London markets remained closed on Monday on account of a local holiday. At 6.15 p.m., benchmark June copper MCCM9 on the Multi Commodity Exchange of India was up 1.09 percent at 236.8 rupees per kg. "Global equity markets are up and there has been a slew of positive data which is supporting sentiment heavily," said Tejas, Seth, senior research analyst with SMC Comtrade. Copper prices were boosted by an improvement in U.S. consumer confidence in April and an expansion in Chinese manufacturing, analysts said. "The upside has also been supported by a sharp fall in inventories on the LME and a continuous rise in the cancelled warrants in the past month, Seth added. LME copper stocks fell 7,075 tonnes to 398,700 tonnes, data on Friday showed. Cancelled warrants were 83,100 tonnes, about 20 percent of the total stock. Cancelled warrants are the material earmarked for delivery and rising cancelled warrants indicate an upsurge in physical demand.

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