Copper Futures Slip on Weak Demand

By By Rediff Money Desk, NEWDELHI
Apr 05, 2024 13:47
Copper futures fell on Friday due to muted demand in the domestic market, with speculators trimming their positions. Read more about the decline in copper prices.
New Delhi, Apr 5 (PTI) Copper futures on Friday fell by 0.53 per cent to Rs 798.90 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 Rs 4.25 or 0.53 per cent to Rs 797.90 per kg in a business turnover of 4,422 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.
Read More On:
copper futurescopper pricesdemandmulti commodity exchangeindia
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.

You May Like To Read

MORE NEWS

Pakistan & Belarus Boost Cooperation in Key...

Pakistan and Belarus have agreed to enhance collaboration in agriculture, mining,...

NHEV Acquires Land for 3G EV Charging Stations...

NHEV, a government-backed initiative, has acquired land in Tirunelveli to develop 3G EV...

HCLTech, Google Cloud Launch Agentic AI...

HCLTech and Google Cloud have launched a suite of Agentic AI solutions designed to...

Expert Dojo to Invest USD 45mn in Indian Startups

US VC firm Expert Dojo announces plans to invest USD 45 million in Indian startups over...

CESC Raises Rs 250 Crore via NCDs

Power utility CESC Ltd raised Rs 250 crore through issuance of non-convertible...

Chhattisgarh: Semiconductor Plant Foundation...

Chhattisgarh CM lays foundation stone of state's first semiconductor plant in Nava...

India's Industrial Output Growth Slows to...

India's industrial production growth slowed to 2.9% in February 2025, the lowest in six...

Anarock Appoints Vik Lulla to Lead US...

Anarock Group appoints Vik Lulla as Executive Vice President - Commercial Leasing...

Rupee Surges 61 Paise to 86.07 Against US Dollar

The Indian rupee appreciated sharply against the US dollar on Friday, closing at 86.07...

Sensex, Nifty Surge on US Tariff Suspension -...

Indian stock markets rallied on Friday after the US announced a 90-day suspension of...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com