Copper futures slide 0.09% on low demand
02/01/2018
02/01/2018 12:51
Copper futures were trading lower in the domestic market on Tuesday as participants cut down positions even as metal strengthened at the London Metal Exchange (LME).
Marketmen attributed the fall in copper prices at futures trade to a weak trend at the domestic spot markets due to fall in demand but a firm trend at the LME, limited the fall.
At the MCX, copper futures for February 2018 contract was trading at Rs 464.60 per kg, down by 0.09 per cent, after opening at Rs 462.90, against a previous close of Rs 465.00. It touched the intra-day low of Rs 461.70 (at 12:50 hours).
02/01/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Copper futures slide 0.09% on low demand02/01/2018 12:51
Copper futures were trading lower in the domestic market on Tuesday as participants cut down positions even as metal strengthened at the London Metal Exchange (LME).
Marketmen attributed the fall in copper prices at futures trade to a weak trend at the domestic spot markets due to fall in demand but a firm trend at the LME, limited the fall.
At the MCX, copper futures for February 2018 contract was trading at Rs 464.60 per kg, down by 0.09 per cent, after opening at Rs 462.90, against a previous close of Rs 465.00. It touched the intra-day low of Rs 461.70 (at 12:50 hours).
