Copper Futures Decline on Weak Demand - PTI
Copper futures fell 0.02% to Rs 822.35 per kg on Wednesday due to weak domestic demand and profit-booking by traders. Read more on PTI.
New Delhi, Dec 4 (PTI) Copper futures on Wednesday fell 0.02 per cent to Rs 822.35 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 20 paise or 0.02 per cent to Rs 822.35 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 20 paise or 0.02 per cent to Rs 822.35 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.
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