Copper falls 0.6% on weak global cues

Prices fell as speculators offloaded their positions

Press Trust of India New Delhi
Last Updated : Mar 28 2013 | 2:17 PM IST
Copper futures for April fell by Rs 2.50, or 0.60% to Rs 414.90 per kg in 15,575 lots.

At the Multi Commodity Exchange (MCX), the June contract shed Rs 2.35, or 0.55% to Rs 421.25 per kg in 1,000 lots.

Prices fell as speculators offloaded their positions.

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Weak global trend triggered by concern that Europe's debt crisis is deepening mainly influenced copper futures trade.

On the London Metal Exchange (LME), copper fell 0.3% to $7,583 a tonne.

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First Published: Mar 28 2013 | 2:14 PM IST

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