Supported by a firming trend overseas on speculation that demand from China may grow, traders enlarged their positions, pushing up copper prices by 0.54% in futures trade today.
At the Multi Commodity Exchange, November copper rose by Rs 2.10, or 0.54%, to Rs 390.85 per kg, with a business turnover of 2,347 lots.
The February contract was up by Rs 1.80, or 0.46%, at Rs 396 per kg, with a trade volume of 303 lots.
Globally, copper for three-month delivery rose by 0.4% to $7,791.25 a tonne on the London Metal Exchange (LME).
Analysts attributed the rise in copper in futures trade to a firming trend on the LME on speculation that China may loosen its monetary policy to spur economic growth in the world's biggest consumer of the metal.
