Copper Futures Decline on Weak Demand - PTI

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Feb 11, 2025 13:14

Copper futures fell 0.62% on the Multi Commodity Exchange (MCX) due to reduced positions and weak demand in the domestic market. Analysts cite muted demand as the main factor.
New Delhi, Feb 11 (PTI) Copper futures on Tuesday fell 0.62 per cent to Rs 859.95 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 5.40 or 0.62 per cent to Rs 859.95 per kg in a business turnover of 1,847 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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