Copper prices traded higher by 0.23% to Rs 462.10 per kg in futures trading today as speculators created fresh positions after pick up in demand from consuming industries in the spot market.
At the Multi Commodity Exchange, copper for delivery in April rose by Rs 1.05, or 0.23%, to Rs 462.10 per kg in business turnover of 183 lots.
Likewise, the metal for delivery in February edged up by 85 paise, or 0.19%, to Rs 456.35 per kg in 4,094 lots.
Market analysts said speculators created fresh positions due to pick up in demand from consuming industries in the spot market mainly helped copper prices to trade higher at futures trade.
Meanwhile, copper was little changed at USD 7,177 a metric tonne on the London Metal Exchange.
