Copper futures fall 0.41% on sluggish demand
15/12/2017
Copper futures fall 0.41% on sluggish demand
15/12/2017 14:58
Copper futures were trading lower in the domestic market on Friday as participants cut down their holdings amid sluggish demand in the spot market.
The fall in copper prices at the futures market was mostly attributed to tepid demand from consuming industries at domestic spot markets, according to marketmen.
At the MCX, copper futures for February 2018 contract was trading at Rs 437.55per kg, down by 0.41 per cent, after opening at Rs 439.10, against a previous close of Rs 439.35. It touched the intra-day low of Rs 437.20 (at 15:00 hours).
15/12/2017
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Copper futures fall 0.41% on sluggish demand
15/12/2017 14:58
Copper futures were trading lower in the domestic market on Friday as participants cut down their holdings amid sluggish demand in the spot market.
The fall in copper prices at the futures market was mostly attributed to tepid demand from consuming industries at domestic spot markets, according to marketmen.
At the MCX, copper futures for February 2018 contract was trading at Rs 437.55per kg, down by 0.41 per cent, after opening at Rs 439.10, against a previous close of Rs 439.35. It touched the intra-day low of Rs 437.20 (at 15:00 hours).
