Copper futures fall on weak demand
On the Multi Commodity Exchange, copper contracts for the September delivery eased by 25 paise, or 0.03 per cent, to Rs 740.90 per kg in a business turnover of 3,766 lots.
By PTI |
AFP
NEW DELHI: Copper futures on Monday slipped 0.03 per cent to Rs 740.90 per kg, as participants cut their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for the September delivery eased by 25 paise, or 0.03 per cent, to Rs 740.90 per kg in a business turnover of 3,766 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 September delivery eased by 25 paise, or 0.03 per cent, to Rs 740.90 per kg in a business turnover of 3,766 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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