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.
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