Copper Futures Slip on Muted Demand - PTI
Nov 24, 2023 15:27
Copper futures fell on Friday due to reduced demand in the domestic market, with speculators trimming their positions, according to PTI.
New Delhi, Nov 24 (PTI) Copper futures on Friday fell Rs 1.20 to Rs 712.65 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for November delivery eased by Rs 1.20 or 0.17 per cent to Rs 712.65 per kg in a business turnover of 1,809 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.
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.