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    Copper futures fall on weak demand

    On the Multi Commodity Exchange, copper contracts for July delivery eased by Rs 2.85, or 0.57 percent, to Rs 493.95 per kg in a business turnover of 5,476 lots.
    PTI
    July 16, 2020 / 14:35 IST

    Copper prices on Thursday slipped by Rs 2.85 to Rs 493.95 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 2.85, or 0.57 percent, to Rs 493.95 per kg in a business turnover of 5,476 lots.

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

    PTI

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