Copper Futures Slip on Muted Demand - PTI
Copper futures on the Multi Commodity Exchange fell on Friday, dropping Rs 4.75 to Rs 722 per kilogram due to weak demand in the domestic market.
New Delhi, Feb 2 (PTI) Copper futures on Friday fell Rs 4.75 to Rs 722 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for February delivery eased by Rs 4.75 or 0.65 per cent to Rs 722 per kg in a business turnover of 4,858 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 February delivery eased by Rs 4.75 or 0.65 per cent to Rs 722 per kg in a business turnover of 4,858 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.