Copper Futures Slip on Muted Demand - PTI
Jan 08, 2024 14:09
Copper futures on the Multi Commodity Exchange fell 20 paise to Rs 720.50 per kg on Monday due to muted demand and speculator trimming.
New Delhi, Jan 9 (PTI) Copper futures on Monday fell 20 paise to Rs 720.50 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for January delivery eased by 20 paise or 0.03 per cent to Rs 720.50 per kg in a business turnover of 5,856 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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