Copper Futures Slip on Muted Demand - PTI
Copper futures on the Multi Commodity Exchange fell 20 paise to Rs 720.50 per kg on Monday due to muted demand and speculator trimming.
New Delhi, Jan 9 (PTI) Copper futures on Monday fell 20 paise to Rs 720.50 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for January delivery eased by 20 paise or 0.03 per cent to Rs 720.50 per kg in a business turnover of 5,856 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 January delivery eased by 20 paise or 0.03 per cent to Rs 720.50 per kg in a business turnover of 5,856 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.