Copper futures fell on Friday due to muted demand in the domestic market, with speculators trimming their positions. Read more about the decline in copper prices.
New Delhi, Apr 5 (PTI) Copper futures on Friday fell by 0.53 per cent to Rs 798.90 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for April delivery eased Rs 4.25 or 0.53 per cent to Rs 797.90 per kg in a business turnover of 4,422 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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