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Last Updated : Jul 14, 2020 02:13 PM IST | Source: PTI

Copper futures fall on weak demand

On the Multi Commodity Exchange, copper contracts for July delivery eased by Rs 3.90, or 0.77 percent, to Rs 500.50 per kg in a business turnover of 6, 335 lots.

PTI

Copper prices on Tuesday slipped by Rs 3.90 to Rs 500.50 per kg as participants cut down their positions amid muted demand in domestic market.

On the Multi Commodity Exchange, copper contracts for July delivery eased by Rs 3.90, or 0.77 percent, to Rs 500.50 per kg in a business turnover of 6, 335 lots.

Analysts said trimming of positions by speculators due to muted demand in spot market mainly led to the fall in copper prices here.
First Published on Jul 14, 2020 02:00 pm
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