Copper Futures Fall on Weak Demand | PTI
By Rediff Money Desk, NEWDELHI Dec 21, 2023 14:08
Copper futures on the Multi Commodity Exchange fell 65 paise on Thursday to Rs 725.30 per kilogram due to muted demand and position trimming by speculators.
New Delhi, Dec 21 (PTI) Copper futures on Thursday fell 65 paise to Rs 725.30 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 65 paise or 0.09 per cent to Rs 725.30 per kg in a business turnover of 2,095 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 December delivery eased by 65 paise or 0.09 per cent to Rs 725.30 per kg in a business turnover of 2,095 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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