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Copper Futures Decline on Weak Demand in India

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By Rediff Money Desk, New Delhi   Oct 09, 2024 13:54

Copper futures on the Multi Commodity Exchange (MCX) fell 0.11% on Wednesday to Rs 834 per kg due to weak demand in the domestic market.
New Delhi, Oct 9 (PTI) Copper futures on Wednesday fell 0.11 per cent to Rs 834 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for October delivery eased by 95 paise or 0.11 per cent to Rs 834 per kg in a business turnover of 9,105 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.
Source: PTI
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