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Copper futures slip amid muted demand
On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 3.90 or 0.52 per cent to Rs 746.60 per kg in a business turnover of 4,627 lots.
By
PTI
PTI
MUMBAI: Copper futures on Monday fell by Rs 3.90 to Rs 746.60 per kilogram as participants cut their positions amid muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 3.90 or 0.52 per cent to Rs 746.60 per kg in a business turnover of 4,627 lots.
Analysts said trimming of positions by speculators amid muted demand in the spot market mainly dragged down copper prices in the futures trade.
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