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Copper falls 0.6% on weak global cues

Prices fell as speculators offloaded their positions

Press Trust of India New Delhi
Copper futures for April fell by Rs 2.50, or 0.60% to Rs 414.90 per kg in 15,575 lots.

At the Multi Commodity Exchange (MCX), the June contract shed Rs 2.35, or 0.55% to Rs 421.25 per kg in 1,000 lots.

Prices fell as speculators offloaded their positions.

Weak global trend triggered by concern that Europe's debt crisis is deepening mainly influenced copper futures trade.

On the London Metal Exchange (LME), copper fell 0.3% to $7,583 a tonne.

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First Published: Mar 28 2013 | 2:14 PM IST

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