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Copper futures fall 0.04% on profit-booking

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Press Trust of India New Delhi
Last Updated : Jun 24 2019 | 1:35 PM IST

Copper futures traded lower by 0.04 per cent to Rs 415.50 per kg Monday as speculators off-loaded their bets to book profits.

Besides, subdued demand at the domestic spot market further pushed down metal prices here.

On the Multi Commodity Exchange, copper for delivery in June contracts shed 15 paisa, or 0.04 per cent, to Rs 415.50 per kg in a business turnover of 22,280 lots.

Analysts attributed the fall in copper prices to offloading of positions by participants amid muted demand at the domestic spot market.

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First Published: Jun 24 2019 | 1:35 PM IST

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