Copper Futures Fall on Weak Demand | Price Update
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Copper futures decline on MCX due to weak domestic demand. November contract prices ease. Analysts cite reduced positions by participants.
New Delhi, Oct 10 (PTI) Copper futures on Friday fell Rs 4.85 to Rs 1,004.95 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper futures for the November contract eased by Rs 4.85 or 0.48 per cent to Rs 1,004.95 per kilogram in a business turnover of 777 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
On the Multi Commodity Exchange, copper futures for the November contract eased by Rs 4.85 or 0.48 per cent to Rs 1,004.95 per kilogram in a business turnover of 777 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
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