Copper Futures Drop on Weak Demand

New Delhi, Dec 13 (PTI) Copper futures on Wednesday fell Rs 2.75 to Rs 712.15 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for December delivery eased by Rs 2.75 or 0.41 per cent to Rs 712.15 per kg in a business turnover of 4,679 lots.

Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade.