Copper Futures Decline on Weak Demand in India
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Copper futures in India fell on Friday due to weak demand, with June contracts easing by 0.42 per cent to Rs 860.75 per kilogram.
New Delhi, May 23 (PTI) Copper futures on Friday slipped 0.42 per cent to Rs 860.75 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for June delivery eased by Rs 3.60 or 0.42 per cent to Rs 860.75 per kilogram in a business turnover of 5,368 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
On the Multi Commodity Exchange, copper contracts for June delivery eased by Rs 3.60 or 0.42 per cent to Rs 860.75 per kilogram in a business turnover of 5,368 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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