Copper Futures Fall on Weak Demand - PTI
Jul 15, 2024 13:30
Copper futures slipped on the Multi Commodity Exchange (MCX) on Monday due to muted demand and position trimming by speculators.
New Delhi, Jul 15 (PTI) Copper futures on Monday fell 0.47 per cent to Rs 864.20 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for July delivery eased by Rs 4.05 or 0.47 per cent to Rs 864.20 per kg in a business turnover of 7,016 lots.
Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade.
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