NEW DELHI: Supported by a firm global trend and increased domestic demand, copper prices rose by 0.43 per cent to Rs 416.55 per kg in futures trade on Monday. At the Multi Commodity Exchange, copper for delivery in August traded higher by Rs 1.80, or 0.43 per cent, to Rs 416.55 per kg in business turnover of 4,298 lots. The metal for delivery in November too rose by a similar margin to trade at Rs 423.25 per kg in 217 lots. Globally, copper for delivery in three months climbed 1 per cent to $ 6,985 tonne on the London Metal Exchange, while at Shanghai Futures Exchange prices for delivery in November gained 1.2 per cent to 50,130 yuan ($ 8,169) a tonne. Market analysts said besides increased demand from consuming industries, a firm overseas trend following weakness in the dollar overseas, coupled with growth- supportive measures in China, lent support to copper prices at futures trade here.

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