Copper futures on the Multi Commodity Exchange slipped on Monday, driven by muted demand and speculation trimming in the domestic market.
New Delhi, Dec 18 (PTI) Copper futures on Monday fell Rs 2.40 to Rs 723.25 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 2.40 or 0.33 per cent to Rs 723.25 per kg in a business turnover of 4,388 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.
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