BS reporetd that tracking a firm global trend, copper prices advanced 0.12% to INR 401.75 per kilogram in futures trade as speculators enlarged positions. Besides, increased demand from consuming industries in the spot market supported the uptrend. At the Multi Commodity Exchange, copper for delivery in April edged up by 50 paise or 0.12% to INR 401.75 per kilogram in business turnover of 1,658 lots. Similarly, the metal for delivery June traded higher by 45 paise or 0.11% to INR 405.95 per kilogram in 62 lots. Market analysts attributed the rise in copper in futures trade to a firming global trend on concern that supplies from mines will trail forecasts amid speculation that demand may increase in China, the biggest user of industrial metals. Meanwhile, copper for delivery in three months added 0.7% to USD 6,604.50 per tonne on the London Metal Exchange.

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