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
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