Business Standard

Copper dips 0.1% on lower global trend

Prices dipped as speculators offloaded their positions

Press Trust of India New Delhi
Copper futures for February fell by Rs 4.40, or 0.98% to Rs 444.05 per kg in 27,665 lots.

At the Multi Commodity Exchange (MCX), the April contract declined by Rs 4.05, or 0.89% to Rs 449.50 per kg in 3511 lots.

Prices dipped as speculators offloaded their positions.

Weak global trend affected the copper futures trade here.

On the London Metal Exchange (LME), the three-month contract fell 0.4% to $8,170.25 a tonne.

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First Published: Feb 18 2013 | 3:30 PM IST

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