Copper futures fall on weak demand

New Delhi: Copper futures on Friday slipped by Re 1 to Rs 527.70 per kg as participants cut down their positions amid muted demand in domestic market. On the Multi Commodity Exchange, copper contracts for November delivery eased by Re 1, or 0.19 per cent, to Rs 527.70 per kg in a business turnover of 4,512 lots.

Analysts said trimming of positions by speculators due to muted demand in spot market mainly led to the fall in copper prices here.