NEW DELHI: Taking positive cues from global markets, copper prices rose 0.90 per cent to Rs 449.80 per kg in futures trade today amid high domestic demand. At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 4, or 0.90 per cent, to Rs 449.80 per kg in business turnover of 1,313 lots. Similarly, the metal for delivery in April edged up by Rs 3.75, or 0.83 per cent, to Rs 454.30 per kg with a business volume of 99 lots. Analysts said besides increased demand from domestic consuming industries, a firming trend overseas after a report showed China's new credit increased to a record last month, boosting demand prospects for industrial metals from the world's top user, influenced copper prices at futures trade here. Copper for delivery in three months at the London Metal Exchange added as much as 0.6 per cent to $7,194.75 a tonne, the highest price since February 6. Meanwhile, copper for delivery in three months added 0.6 per cent to $7,1094.75 a tonne on the London Metal Exchange, at Shanghai Futures Exchange, the metal for April delivery traded advanced 0.70 per cent to 51,010 yuan ($8,411 a tonne).

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