Copper Futures Slip on Weak Demand - PTI
Jun 04, 2024 13:50
Copper futures on the Multi Commodity Exchange (MCX) fell 1.01% to Rs 871.20 per kg on Tuesday due to muted demand and profit-booking by traders.
New Delhi, Jun 4 (PTI) Copper futures on Tuesday fell 1.01 per cent to Rs 871.20 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for June delivery eased Rs 8.90 or 1.01 per cent to Rs 871.20 per kg in a business turnover of 5,741 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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