Copper futures on the Multi Commodity Exchange fell on Wednesday, driven by muted demand in the domestic market and position trimming by speculators.
New Delhi, Jan 17 (PTI) Copper futures on Wednesday fell Rs 3.25 to Rs 712.25 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 Rs 3.25 or 0.45 per cent to Rs 712.25 per kg in a business turnover of 5,323 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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