Copper Futures Slip on Weak Demand
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.
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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