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BW Businessworld

Copper Futures Fall On Weak Demand

Copper contracts for the September delivery eased by Rs 1.50, or 0.21 per cent, to Rs 713.40 per kg in a business turnover of 2,548 lots.

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Copper futures on Friday slipped 0.21 per cent to Rs 713.0 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 Rs 1.50, or 0.21 per cent, to Rs 713.40 per kg in a business turnover of 2,548 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. 

(PTI)


Tags assigned to this article:
copper domestic market