Copper Futures Decline on Weak Demand - PTI
Copper futures fell on the Multi Commodity Exchange (MCX) on Monday due to reduced positions by participants and muted demand in the domestic market.
New Delhi, Feb 10 (PTI) Copper futures on Monday fell 0.39 per cent to Rs 861.75 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 3.40 or 0.39 per cent to Rs 861.75 per kg in a business turnover of 1,735 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 March delivery eased by Rs 3.40 or 0.39 per cent to Rs 861.75 per kg in a business turnover of 1,735 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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