Copper Futures Decline on Weak Demand - PTI
Copper futures fell 0.47% on the Multi Commodity Exchange due to weak demand and trimming of positions by speculators. Read more on PTI.
New Delhi, Feb 3 (PTI) Copper futures on Monday fell 0.47 per cent to Rs 824.10 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 3.90 or 0.47 per cent to Rs 824.10 per kg in a business turnover of 6,271 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 3.90 or 0.47 per cent to Rs 824.10 per kg in a business turnover of 6,271 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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