Business Standard

Copper futures ease on low demand

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Press Trust of India New Delhi

Copper traded 0.21 per cent lower at Rs 443.45 per kg in futures trade on Tuesday as speculators reduced their exposure amid weak demand.

On the Multi Commodity Exchange, copper contracts for October delivery fell by 95 paise, or 0.21 per cent, to Rs 443.45 per kg in a business turnover of 2,729 lots.

Similarly, copper contracts for November delivery traded lower by Rs 1.55, or 0.35 per cent, at Rs 447.50 per kg in a business turnover of 132 lots.

Globally, copper for three-month delivery traded higher by 0.38 per cent at USD 5,818 per tonne on the London Metal Exchange.

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First Published: Oct 15 2019 | 1:10 PM IST

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