Copper prices increased by 0.57 % on Tuesday at the domestic markets after Japan's exports
fatten the most in a year in December, helped by a weak yen and a rise upward in overseas desired led by the United States, an cheering sign for the recession strike economy which increased the
desired outlook for the metal. The 12.9 % year on year arise in exports marked a fourth
straight month of growth, supported by shipments of cars to the U.S and of
electronics parts to China. At the MCX, copper futures for June 2014 contract were trading at
Rs.343.30/1 kg, upward by 0.57 %, after opening at Rs. 343 against the last day of ending
price of Rs. 341.35. It touched the intra day max of Rs. 345.60 till the trading.

Brent crude futures clasp above $48 on Tuesday as a weaker dollar offset the collision of a global supply glut, with traders questioning if the nearly 60 % price slide since June has run its course. Brent strikes $45.19 on 13 January, the lowest since 2009 and fall downward from a June 2014 peak of $115.71, but has since traded in a small band of $47 to $50.62. The market is looking for the right impetus to push oil prices higher. Brent was moderately higher on Tuesday did not surely mean the route was over yet. Brent futures were trading at $48.28 a barrel, upward 12 cents, by 1438 GMT. Oil prices have sinked nearly 60 % since peaking in June, driven lower by ample supplies from the US shale oil boost.