Copper Futures Decline on Weak Demand in India
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Copper futures fell on the Multi Commodity Exchange due to reduced bets and muted demand in the domestic market. Read more about the decline in copper prices.
New Delhi, May 27 (PTI) Copper futures on Tuesday slipped 0.32 per cent to Rs 863.60 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 2.75 or 0.32 per cent to Rs 863.60 per kilogram in a business turnover of 6,587 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
On the Multi Commodity Exchange, copper contracts for June delivery eased by Rs 2.75 or 0.32 per cent to Rs 863.60 per kilogram in a business turnover of 6,587 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
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