Copper futures trade marginally down on low demand
18/12/2017
Copper futures trade marginally down on low demand
18/12/2017 11:59
Copper futures were trading lower in the domestic market on Monday as participants cut down positions due to easing demand in the domestic spot markets.
Marketmen attributed the fall in copper prices at futures trade to a weak trend at the domestic spot market owing to muted demand from consuming industries.
At the MCX, copper futures for February 2018 contract was trading at Rs 445.10 per kg, down by 0.16 per cent, after opening at Rs 445.80, against a previous close of Rs 445.80. It touched the intra-day low of Rs 444.10 (at 12:00 hours).
18/12/2017
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Copper futures trade marginally down on low demand
18/12/2017 11:59
Copper futures were trading lower in the domestic market on Monday as participants cut down positions due to easing demand in the domestic spot markets.
Marketmen attributed the fall in copper prices at futures trade to a weak trend at the domestic spot market owing to muted demand from consuming industries.
At the MCX, copper futures for February 2018 contract was trading at Rs 445.10 per kg, down by 0.16 per cent, after opening at Rs 445.80, against a previous close of Rs 445.80. It touched the intra-day low of Rs 444.10 (at 12:00 hours).
