Stocks

Copper futures decline on muted demand

Participants cut their positions amid muted demand in the domestic market.

NEW DELHI: Copper futures on Monday slipped 0.54 per cent to Rs 689.35 per kg as participants cut their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 3.75, or 0.54 per cent, to Rs 689.35 per kg in a business turnover of 4,804 lots.

Analysts said trimming of positions by speculators due to muted demand in the spot market mainly led to the fall in copper prices here.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts,

/articleshow_primestories.cms?msid=69891145potime:2

Source: Copper futures decline on muted demand

Related Articles

Back to top button