Copper declines 0.22% on global cues
Subdued demand also put pressure on it

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Subdued demand also put pressure on it

The copper 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.
First Published: Jan 04 2013 | 12:34 PM IST