 "Copper down 0.1% on weak global cues")
Copper futures prices fell 0.19% to Rs 452.65 per kg today as speculators reduced exposures on a weak trend in the global markets.
At the Multi Commodity Exchange, copper for delivery in April declined by 85 paise, or 0.19%, to Rs 452.65 per kg in a business turnover of 76 lots.
The metal for delivery in February fell 80 paise, or 0.18%, to Rs 446.25 per kg in a business volume of 852 lots.
The contract for delivery in three months at the London Metal Exchange fell 0.3% to $7,076 a tonne.
Globally, copper for delivery in three-months traded 0.30% lower at $7,076 per tonne at the London Metal Exchange.
At the Multi Commodity Exchange, copper for delivery in April declined by 85 paise, or 0.19%, to Rs 452.65 per kg in a business turnover of 76 lots.
The metal for delivery in February fell 80 paise, or 0.18%, to Rs 446.25 per kg in a business volume of 852 lots.
Also Read
Analysts said the fall in copper prices at futures trade was mostly due to a weakening trend overseas on concern that slowing economic growth in China, the world's largest user, may weaken demand for the metal.
The contract for delivery in three months at the London Metal Exchange fell 0.3% to $7,076 a tonne.
Globally, copper for delivery in three-months traded 0.30% lower at $7,076 per tonne at the London Metal Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%