 "Copper fall 0.3% on weak global cues")
Copper extended its weakness today with prices falling 0.31% to Rs 441.75 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in June shed 95 paise, or 0.31%, to Rs 441.75 per kg in a business turnover of 12 lots.
Similarly, the metal for delivery in April traded lower by 85 paise, or 0.19%, to Rs 438.90 per kg in 649 lots.
Globally, copper for delivery in three months traded lower at $6,970 a tonne at the London Metal Exchange, while on the Shanghai Futures Exchange the metal was little changed at 48,750 yuan ($7,929) a tonne.
At the Multi Commodity Exchange, copper for delivery in June shed 95 paise, or 0.31%, to Rs 441.75 per kg in a business turnover of 12 lots.
Similarly, the metal for delivery in April traded lower by 85 paise, or 0.19%, to Rs 438.90 per kg in 649 lots.
Also Read
Analysts attributed the fall in copper futures to weak global cues amid escalating tensions in Ukraine and slowing growth in China, the world's biggest user.
Globally, copper for delivery in three months traded lower at $6,970 a tonne at the London Metal Exchange, while on the Shanghai Futures Exchange the metal was little changed at 48,750 yuan ($7,929) a 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%