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BW Businessworld

Copper Futures Fall On Weak Demand

On the Multi Commodity Exchange, copper contracts for November delivery eased by Rs 1.40, or 0.26 per cent, to Rs 533.40 per kg in a business turnover of 4,745 lots.

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Copper futures on Tuesday slipped by Rs 1.40 to Rs 533.40 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 Rs 1.40, or 0.26 per cent, to Rs 533.40 per kg in a business turnover of 4,745 lots.

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

(PTI)


Tags assigned to this article:
copper domestic market multi commodity exchange