Copper futures fall on weak demand

Copper futures fall on weak demand
PTI
Share
Font Size
Save
Comment
Synopsis

On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 4.70, or 0.63 per cent, to Rs 738.30 per kg in a business turnover of 4,842 lots.

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

Related

NEW DELHI: Copper futures on Monday slipped 0.63 per cent to Rs 738.30 per kg as participants cut their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 4.70, or 0.63 per cent, to Rs 738.30 per kg in a business turnover of 4,842 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.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

New on
Get In-depth Reports on 4,000+ Stocks, updated daily
Make Investment decisions
with proprietary stock scores on earnings, fundamentals, relative valuation, risk and price momentum
Find new Trading ideas
with weekly updated scores and analysts forecasts on key data points
In-Depth analysis
of company and its peers through independent research, ratings, and market data