Copper Futures Drop on Weak Demand in India
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Copper futures in India declined on Wednesday due to muted demand and reduced positions by market participants. Learn more about the latest copper market trends.
New Delhi, May 28 (PTI) Copper futures on Wednesday marginally slipped to Rs 863.90 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for June delivery marginally eased by 10 paise or 0.01 per cent to Rs 863.90 per kilogram in a business turnover of 6,467 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
On the Multi Commodity Exchange, copper contracts for June delivery marginally eased by 10 paise or 0.01 per cent to Rs 863.90 per kilogram in a business turnover of 6,467 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
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