Moneycontrol
Last Updated : Mar 14, 2019 01:36 PM IST | Source: PTI

Copper futures shed 2.35% on weak global cues, muted demand

Analysts attributed the fall to off-loading of positions by speculators at prevailing higher levels amid muted demand at the spot markets and a weak trend in global markets.

Copper prices fell 2.35 percent in futures trade on March 14 as speculators booked profits at prevailing high levels amid low demand at spot markets and weak global cues.

At Multi Commodity Exchange, copper for April declined by Rs 2.35, or 0.52 percent, to Rs 450.45 per kg in a business turnover of 1,203 lots.

Analysts attributed the fall to off-loading of positions by speculators at prevailing higher levels amid muted demand at the spot markets and a weak trend in global markets.
First Published on Mar 14, 2019 01:25 pm
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