Copper Futures Decline on Weak Demand - MCX
By Rediff Money Desk, New Delhi Jan 31, 2025 12:28
Copper futures on the MCX fell 0.23% to Rs 830.60 per kg on Friday, driven by reduced positions and weak demand in the domestic market.
New Delhi, Jan 31 (PTI) Copper futures on Friday fell 0.23 per cent to Rs 830.60 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 Rs 1.90 or 0.23 per cent to Rs 830.60 per kg in a business turnover of 6,239 lots.
Analysts said trimming of positions by speculators amid muted demand in the spot market mainly dragged down copper prices in the futures trade.
On the Multi Commodity Exchange, copper contracts for February delivery eased by Rs 1.90 or 0.23 per cent to Rs 830.60 per kg in a business turnover of 6,239 lots.
Analysts said trimming of positions by speculators amid 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
- Vodafone Idea L
- 7.89 ( -0.25)
- 21759046
- Sharanam Infra
- 0.90 (+ 4.65)
- 15008905
- Spicejet Ltd.
- 44.99 ( -6.21)
- 7629340
- Srestha Finvest
- 0.58 ( 0.00)
- 6807364
- Thinkink Picturez
- 0.31 ( -3.13)
- 5638853
MORE NEWS

India Needs Bilateral Trade & Investment:...
Finance Minister Nirmala Sitharaman emphasizes the need for India to strengthen...

1312 Interactive Launches: PC & Console Game...
1312 Interactive, a new game publishing house, aims to bring indie and AA games from...

Piyush Goyal Urges Industry to Be Bold, Focus...
Union Commerce Minister Piyush Goyal calls on Indian industry to embrace...