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Last Updated : Aug 12, 2020 02:25 PM IST | Source: PTI

Copper futures fall on weak demand

On the Multi Commodity Exchange, copper for August delivery eased by Rs 4.10, or 0.8 percent, to Rs 507.10 per kg in a business turnover of 3,784 lots.

PTI

Copper prices on Wednesday slipped by Rs 4.10 to Rs 507.10 per kg as participants cut down their positions amid muted demand in domestic market.

On the Multi Commodity Exchange, copper for August delivery eased by Rs 4.10, or 0.8 percent, to Rs 507.10 per kg in a business turnover of 3,784 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 Aug 12, 2020 02:20 pm
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