Copper Futures Decline on Weak Demand - PTI
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Copper futures on the Multi Commodity Exchange (MCX) declined on Friday due to weak demand in the domestic market. Participants reduced their positions, leading to a 1.27% drop in prices.
New Delhi, Apr 4 (PTI) Copper futures on Friday slipped 1.27 per cent to Rs 857.70 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for May delivery eased by Rs 11 or 1.27 per cent to Rs 857.70 per kilogram in a business turnover of 1,037 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
On the Multi Commodity Exchange, copper contracts for May delivery eased by Rs 11 or 1.27 per cent to Rs 857.70 per kilogram in a business turnover of 1,037 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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