Copper down 0.2% on weak global cues
Analysts attributed the fall in copper futures to weak global cues and subdued demand at domestic spot markets
 "Copper down 0.2% on weak global cues")
Tracking a weak global trend, copper shed 0.27% to Rs 409 per kg in futures trade today as speculators offloaded their positions.
At the Multi Commodity Exchange, copper for delivery in June fell Rs 1.10, or 0.27%, to Rs 409 per kg in business turnover of 14 lots.
Similarly, the metal for delivery in April traded lower by 95 paise, or 0.23%, to Rs 405.50 per kg in 223 lots.
Meanwhile, copper fell 0.50% to $6,625 a tonne on the London Metal Exchange.
At the Multi Commodity Exchange, copper for delivery in June fell Rs 1.10, or 0.27%, to Rs 409 per kg in business turnover of 14 lots.
Similarly, the metal for delivery in April traded lower by 95 paise, or 0.23%, to Rs 405.50 per kg in 223 lots.
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Analysts attributed the fall in copper futures to weak global cues and subdued demand at domestic spot markets.
Meanwhile, copper fell 0.50% to $6,625 a tonne on the London Metal Exchange.