Copper prices traded higher by 0.43% to Rs 413.40 per kg in futures trade today as speculators created fresh positions, tracking a firm trend in overseas markets.
At the Multi Commodity Exchange, copper for delivery in August rose by Rs 1.75, or 0.43%, to Rs 413.40 per kg in a business turnover of 19,208 lots.
November copper edged up by Rs 1.80, or 0.43%, to Rs 419.45 per kg in 1,483 lots.
Market analysts said fresh positions created by speculators amid a firm global trend led to the rise in copper prices at futures trade.
Meanwhile, prices for three-month copper rose 0.5% to $7,368 a tonne on the London Metal Exchange.
