Advertisment

Copper futures slip on muted demand

author-image
NewsDrum Desk
New Update
Copper.jpg

Representative Image

New Delhi: Copper futures on Wednesday fell by Rs 4.75 to Rs 776.50 per kilogramme as participants cut their positions amid a muted demand in the domestic market.

Advertisment

On the Multi Commodity Exchange, copper contracts for April delivery eased by Rs 4.75 or 0.61 per cent to Rs 776.50 per kg in a business turnover of 2,997 lots.

Analysts said trimming of positions by speculators amid muted demand in the spot market mainly dragged down copper prices in the futures trade.

Advertisment
Advertisment
Subscribe