Copper Futures Fall on Weak Demand
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Copper futures decline Rs 9.50 to Rs 1,006.55/kg on MCX due to reduced positions and muted domestic demand. Analysts cite lower bets.
New Delhi, Nov 4 (PTI) Copper futures on Tuesday fell Rs 9.50 to Rs 1,006.55 per kilogram as participants reduced their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper futures for the December contract eased by Rs 9.50, or 0.93 per cent, to Rs 1,006.55 per kilogram in a business turnover of 2,019 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
On the Multi Commodity Exchange, copper futures for the December contract eased by Rs 9.50, or 0.93 per cent, to Rs 1,006.55 per kilogram in a business turnover of 2,019 lots.
Analysts attributed the decline in copper prices to lower bets by participants.
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