Copper Futures Decline on Weak Demand in India
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.
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
Read More On:
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Kretto Syscon
- 1.03 ( -4.63)
- 138373597
- Thinkink Picturez
- 2.03 (+ 4.64)
- 77082948
- Rajnish Wellness
- 1.86 (+ 4.49)
- 51273863
- Vodafone Idea L
- 8.08 ( -0.25)
- 43651174
- Srestha Finvest
- 0.94 (+ 9.30)
- 39839348
MORE NEWS
India Opposes China-Led Investment Proposal at WTO
India has rejected a China-led proposal on investment facilitation at the WTO, citing...
Gold Price Jumps Rs 820 to Rs 79,780/10g;...
Gold prices soared in India on Tuesday, driven by fresh buying and a firm global trend....
Star Health Aims to Double Business in TN
Star Health Insurance plans to double its business in Tamil Nadu over the next four...