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Copper futures weaken on low demand

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Press Trust of India New Delhi
Last Updated : Oct 17 2019 | 1:00 PM IST

Copper futures traded lower by 0.24 per cent at Rs 436.80 per kg in futures trade on Thursday after speculators reduced their exposure..

On Multi Commodity Exchange, copper contracts for October delivery fell by Rs 1.05, or 0.24 per cent, to Rs 436.80 per kg in a business turnover of 2,055 lots.

Similarly, the November contract of the metal traded down by Re 1, or 0.23 per cent, at Rs 441.65 per kg in a business turnover of 155 lots.

Globally, copper for three-month delivery traded lower by 0.74 at USD 5,730 per tonne at the London Metal Exchange.

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First Published: Oct 17 2019 | 1:00 PM IST

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