Business Standard

Copper futures dip on soft demand

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Press Trust of India New Delhi

Copper futures on Tuesday traded 0.05 per cent lower at Rs 441.05 per kg in futures trade as speculators reduced their exposure on weak spot demand.

On the Multi Commodity Exchange, copper contracts for December delivery fell by 20 paise or 0.05 per cent, to Rs 441.05 per kg in a business turnover of 1,209 lots.

Similarly, copper contracts for January delivery traded lower by 10 paise, or 0.03 per cent, at Rs 446.10 per kg in a business turnover of 1,567 lots.

Traders said weak demand in spot market mainly pushed down copper prices.

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First Published: Dec 24 2019 | 2:05 PM IST

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