Copper Futures Decline on Weak Demand in India

New Delhi, Feb 12 (PTI) Copper futures on Wednesday fell 0.07 per cent to Rs 855.80 per kilogram as participants reduced their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for February delivery eased by 60 paise or 0.07 per cent to Rs 855.80 per kg in a business turnover of 2,035 lots.

Analysts said trimming of positions by speculators amid muted demand in the spot market mainly dragged down copper prices in the futures trade.