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Copper futures fall 0.23 pc as speculators trim bets

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Press Trust of India New Delhi

Copper futures traded 0.23 per cent lower at Rs 444.20 per kg Friday as speculators off-loaded bets to book profits.

Furthermore, subdued demand at domestic spot market pushed down metal prices here.

At the Multi Commodity Exchange, copper for delivery in the current month shed 95 paisa, or 0.23 per cent, to Rs 444.20 per kg in a business turnover of 12,144 lots.

Analysts attributed the fall to off-loading of positions by participants amid muted demand at the domestic spot market.

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

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First Published: Jun 21 2019 | 2:20 PM IST

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