Copper marginally up in futures trade on global cues

New Delhi, Feb 14 (PTI) Buoyed by firming trend at the London Metal Exchange (LME), copper futures prices rose by 0.12 per cent today as speculators enlarged their positions.
At the Multi Commodity Exchange, copper delivery for delivery in June edged up by 55 paise, or 0.12 per cent, to Rs 465.35 per kg, with a business turnover of two lots.
Similarly, the metal for delivery in current-month February gained 25 paise, or 0.05 per cent to Rs 459.20 per kg, with a turnover of six lots.
Analysts said sentiment turned better as copper prices strengthened at the LME after a report showing US consumer confidence rose in February to the highest-level in eight months and pick up in demand at spot markets.
Meanwhile, three-month copper delivery rose as much as 0.6 per cent to USD 10,019 per tonne at the LME.

(Source: http://news.in.msn.com/business/article.aspx?cp-documentid=4918236)