Copper Futures Slip on Weak Demand - PTI
By Rediff Money Desk, NEWDELHI Jan 30, 2024 14:15
Copper futures on the Multi Commodity Exchange (MCX) fell 15 paise to Rs 731.80 per kg on Tuesday due to muted demand in the domestic market.
New Delhi, Jan 30 (PTI) Copper futures on Tuesday marginally fell 15 paise to Rs 731.80 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 15 paise or 0.02 per cent to Rs 731.80 per kg in a business turnover of 4,661 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 15 paise or 0.02 per cent to Rs 731.80 per kg in a business turnover of 4,661 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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