Copper futures decline on muted demand
On MCX, copper futures eased by Rs 3.75, or 0.54 per cent, to Rs 689.35 per kg.
By PTI | Updated:
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NEW DELHI: Copper futures on Monday slipped 0.54 per cent to Rs 689.35 per kg as participants cut their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 3.75, or 0.54 per cent, to Rs 689.35 per kg in a business turnover of 4,804 lots.
Analysts said trimming of positions by speculators due to muted demand in the spot market mainly led to the fall in copper prices here.
On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 3.75, or 0.54 per cent, to Rs 689.35 per kg in a business turnover of 4,804 lots.
Analysts said trimming of positions by speculators due to muted demand in the spot market mainly led to the fall in copper prices here.
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