Copper futures traded 0.50 percent higher at Rs 422.25 per kg on Wednesday as participants raised their bets on rising demand at the domestic spot markets amid a firm trend overseas.
At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 2.10, or 0.50 per cent, at Rs 422.25 per kg, in a business turnover of 1,889 lots.
Market analysts said besides increased demand from consuming industries, a firm trend in base metals in global markets, influenced copper prices.
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