Copper Futures Decline on Weak Demand in India
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Copper futures in India slipped on Monday due to weak demand, falling 0.25% to Rs 853 per kilogram on the Multi Commodity Exchange.
New Delhi, Apr 28 (PTI) Copper futures on Monday slipped 0.25 per cent to Rs 853 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for May delivery eased by Rs 2.10 or 0.25 per cent to Rs 853 per kilogram in a business turnover of 7,399 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
On the Multi Commodity Exchange, copper contracts for May delivery eased by Rs 2.10 or 0.25 per cent to Rs 853 per kilogram in a business turnover of 7,399 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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