Copper Futures Fall on Weak Demand - MCX
By Rediff Money Desk, New Delhi Jul 25, 2024 13:42
Copper futures on the MCX fell 1.36% to Rs 788.55 per kg due to muted demand and profit booking by traders. Read more.
New Delhi, Jul 25 (PTI) Copper futures on Thursday fell 1.36 per cent to Rs 788.55 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for August delivery eased by Rs 10.85 or 1.36 per cent to Rs 788.55 per kg in a business turnover of 13,028 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.
On the Multi Commodity Exchange, copper contracts for August delivery eased by Rs 10.85 or 1.36 per cent to Rs 788.55 per kg in a business turnover of 13,028 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.
Source: PTI
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