Copper Futures Decline on Weak Demand
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Copper futures on the Multi Commodity Exchange slipped 0.73% to Rs 841.15 per kilogram due to weak demand in the domestic market. Analysts attributed the decline to reduced participant positions.
New Delhi, Apr 17 (PTI) Copper futures on Thursday slipped 0.73 per cent to Rs 841.15 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 6.20 or 0.73 per cent to Rs 841.15 per kilogram in a business turnover of 4,714 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 6.20 or 0.73 per cent to Rs 841.15 per kilogram in a business turnover of 4,714 lots.
Analysts attributed the rise in copper prices to higher bets by participants.
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