Copper Futures Slip on Muted Demand - PTI
Apr 22, 2024 14:27
Copper futures on the Multi Commodity Exchange fell by 0.07% to Rs 844.55 per kg due to muted demand and trimming of positions by speculators. Read more.
New Delhi, Apr 22 (PTI) Copper futures on Monday fell by 0.07 per cent to Rs 844.55 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for April delivery eased 60 paise or 0.07 per cent to Rs 844.55 per kg in a business turnover of 3,230 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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