Business Standard

Copper declines 0.22% on global cues

Subdued demand also put pressure on it

Related News

The futures for April eased Re 1, or 0.22%, to Rs 452.45 per kg in 832 lots at the Multi Commodity Exchange today.

The February contract fell by 90 paise, or 0.20% to Rs 448.50 per kg, in 11,651 lots.

Analysts said weakening global trend triggered by US Federal Reserve policy makers hinting they may end their bond-purchase programme influenced the copper futures.

At the London Metal Exchange, the contract for 3 months fell 1.3% to $ 8,058 a tonne.

Besides, subdued demand also put pressure on the metal.

Read more on:   
|
|
|

Read More

Zinc up 0.3% on global cues

Covering-up of short positions by speculators also supported the upside

Quick Links

 

Market News

Raising the output key to Cairn India's prospects

With crude oil prices benign, increasing oil and gas production is crucial to drive growth

Biocon sees muted quarter, lacks immediate triggers

Reduced exports to West Asia & North Africa, capacity constraints affect sales

Exchanges plan stake sales in depository arms

NSE in talks with investors for offloading stake, BSE considering an IPO; to do so before April

Many listed firms had same auditors for over 10 yrs: IIAS

Proxy advisory body Institutional Investor Advisory Services India (IIAS) has called for periodic rotation of auditors and capping their tenure ...

Freeing diesel : Profound effect across many industries

The decontrol of diesel over the weekend will have a profound effect on the oil industry value chain. It could significantly reduce the fiscal ...

Back to Top