Copper Futures Decline on Weak Demand - PTI
By Rediff Money Desk, New Delhi Nov 28, 2024 12:11
Copper futures fell 0.04% on Thursday to Rs 807.45 per kg due to weak demand in the domestic market, according to PTI. Speculators trimmed positions, further impacting prices.
New Delhi, Nov 28 (PTI) Copper futures on Thursday fell 0.04 per cent to Rs 807.45 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for December delivery eased by 30 paise or 0.04 per cent to Rs 807.45 per kg in a business turnover of 8,309 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 December delivery eased by 30 paise or 0.04 per cent to Rs 807.45 per kg in a business turnover of 8,309 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
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
- 9.12 (+ 2.13)
- 64303795
- G G Engineering
- 1.51 ( -5.63)
- 28492226
- Guj. Toolroom Lt
- 15.37 (+ 4.99)
- 19678431
- Srestha Finvest
- 0.69 ( -1.43)
- 14826074
- AvanceTechnologies
- 0.80 ( -2.44)
- 14124154
MORE NEWS
Rs 1,800 Cr EV Park in Andhra Pradesh: People...
People Tech Enterprises to invest Rs 1,800 crore in a 1,200-acre EV park in Andhra...
India's Data Capacity to Quadruple by 2025: Trai
New undersea cables will boost India's data transmission capacity fourfold by 2025,...
Tech Mahindra Opens Manufacturing Experience...
Tech Mahindra launches a new Manufacturing Experience Centre in Chennai, offering...