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Copper futures shed 0.33 pc on muted demand

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Press Trust of India New Delhi
Last Updated : Jun 14 2018 | 10:40 AM IST

Copper futures fell 0.33 per cent to Rs 483.60 per kg today as speculators booked profits at prevailing levels amid low demand at the spot markets.

At the Multi Commodity Exchange, copper for delivery in far-month August declined by Rs 1.60, or 0.33 per cent to Rs 489.50 per kg in a business turnover of 8 lots.

The metal for delivery in June month shed Rs 1.45 or 0.30 per cent to Rs 483.60 per kg in a business volume of 358 lots.

Analysts attributed the fall to offloading of positions by speculators at prevailing higher levels coupled with subdued spot demand.

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First Published: Jun 14 2018 | 10:40 AM IST

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