Copper futures on the Multi Commodity Exchange (MCX) fell 1.01% to Rs 871.20 per kg on Tuesday due to muted demand and profit-booking by traders.
New Delhi, Jun 4 (PTI) Copper futures on Tuesday fell 1.01 per cent to Rs 871.20 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for June delivery eased Rs 8.90 or 1.01 per cent to Rs 871.20 per kg in a business turnover of 5,741 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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback