 "Copper down 0.7% on global cues, subdued demand")
Amid weak global cues and subdued domestic demand, copper prices fell by 0.70% to Rs 403 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in far-month June fell by Rs 2.85, or 0.70%, to Rs 403 per kg in business turnover of 302 lots.
The metal for delivery in April traded lower by Rs 2.60, or 0.65%, to Rs 399.45 per kg in 9,261 lots.
Meanwhile, copper for three-month delivery fell 0.20% to $ 6,469 per tonne, while on the Shanghai Futures Exchange for June delivery lost 0.20% to 44,760 yuan ($7,230) per tonne.
At the Multi Commodity Exchange, copper for delivery in far-month June fell by Rs 2.85, or 0.70%, to Rs 403 per kg in business turnover of 302 lots.
The metal for delivery in April traded lower by Rs 2.60, or 0.65%, to Rs 399.45 per kg in 9,261 lots.
Also Read
Analysts attributed the fall in copper futures to weak global trend and sluggish demand at domestic spot markets.
Meanwhile, copper for three-month delivery fell 0.20% to $ 6,469 per tonne, while on the Shanghai Futures Exchange for June delivery lost 0.20% to 44,760 yuan ($7,230) per tonne.
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%