Wednesday, March 05, 2025 | 01:40 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Copper futures ease 0.08 pc on profit-booking, muted demand

Image

Press Trust of India New Delhi
Copper futures traded 0.08 per cent lower at Rs 385.70 today as speculators cut down their positions at prevailing levels.

In futures trading at Multi Commodity Exchange, copper for delivery in June fell 30 paise, or 0.08 per cent at Rs 385.70 per kg, in a business turnover of four lots.

Similarly, the metal for delivery in April was trading down 15 paise, or 0.04 per cent, at Rs 381.55 per kg in 595 lots.

Analysts attributed the fall in copper futures to profit-booking by speculators who trimmed positions at existing levels and subdued demand from consuming industries at the spot markets.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 10 2017 | 11:32 AM IST

Explore News