New Delhi, March 27 Copper prices rose by Rs 12.30 to Rs 1,151.20 per kilogram in futures trading on Friday, driven by strong demand in the domestic market and positive global trends.
On the Multi Commodity Exchange, the red metal for April delivery increased by Rs 12.30, or 1.08 percent, to Rs 1,151.20 per kg in a trading volume of 9,652 lots.
Analysts said the rise in copper prices was largely driven by fresh buying from market participants following strength in international markets.
In the international market, Comex copper futures for the May contract rose by 1.14 percent, to USD 5.53 per pound.
Meanwhile, the red metal on the London Metal Exchange (LME) appreciated by USD 108.58, or nearly 1 percent, to USD 12,244.58 per tonne, supporting domestic sentiment.