Copper Futures Drop on Weak Demand - PTI

By By Rediff Money Desk, New Delhi
Mar 21, 2025 12:24
Copper futures fell 0.41% to Rs 906.15 per kg on the MCX as traders reduced positions amid weak domestic demand. Analysts attribute the decline to muted spot market activity.
New Delhi, Mar 21 (PTI) Copper futures on Friday fell 0.41 per cent to Rs 906.15 per kilogram as participants reduced their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for April delivery eased by Rs 3.75 or 0.41 per cent to Rs 906.15 per kg in a business turnover of 5,552 lots.

Analysts said trimming of positions by speculators amid muted demand in the spot market mainly dragged down copper prices in the futures trade.
Source: PTI
Read More On:
demandmcxcopper futurescopper pricescommodity trading
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Odisha Invites HCL Tech to Set Up Operations

Odisha Chief Minister Mohan Charan Majhi invites HCL Technologies to establish a campus...

India's US Tariffs Only 7-8%: Goyal

India's Commerce Minister Piyush Goyal says applied tariffs to the US are only 7-8%,...

Konkan Seeks Investors: Divisional Commissioner...

Konkan region actively seeks investors with a focus on creating a business-friendly...

India Weighs Local AI Model Storage to Mitigate...

India is considering local storage of AI models to prevent data leaks and mitigate...

India to Fund AI-LLM Applications: Vaishnaw

India's AI mission is in its final stage of evaluating applications for funding, with...

Tech Transfer Pacts for NaMPET Innovations:...

India's Ministry of Electronics and IT (MeitY) signs technology transfer and...

Sonowal Unveils Shipbuilding Tech at Cochin...

Union Minister Sarbananda Sonowal inaugurated advanced machinery at Cochin Shipyard,...

MMR Growth Hub: Fadnavis Pushes for Speedy...

Maharashtra CM Devendra Fadnavis emphasizes the need for swift implementation of growth...

Refex Renewables Wins Rs 78 Cr Waste Management...

Refex Renewables & Infrastructure has secured a Rs 78 crore order to build a waste...

Tripura CM Chairs Task Force for NE Investment

Tripura CM Manik Saha chairs the first meeting of the high-level task force on...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com