Copper futures up 0.32% on Asian cues, spot demand

NEW DELHI, July 10:  Copper futures edged higher 0.32 per cent to Rs 360.80 per kg amid positive Asian cues and pickup in spot demand at domestic markets.
At the Multi Commodity Exchange, copper for delivery in August rose Rs 1.15, or 0.32 per cent, to Rs 360.80 per kg, with a turnover of 1,219 lots.
The metal for delivery in November contracts edged up by 95 paise, or 0.26 per cent, at Rs 367.20 in a volume of 11 lots.
Globally, copper for September delivery climbed 0.3 per cent to 40,600 yuan (USD 6539) per tonne but at the London Metal Exchange, the metal for delivery in three month fell 0.7 per cent to USD 5,590 per tonne.
Market analysts attributed the rise in copper prices in futures trade to a better trend in Asian trade and pickup in demand at domestic spot market. (PTI)