Copper down by 0.6% on global cues
Easing spot demand also affected prices
 "Copper down by 0.6% on global cues")
Amid a weak trend in the global market and easing spot demand, copper prices fell 0.65% to Rs 361.10 per kg in futures trade today.
At Multi Commodity Exchange, copper for delivery in November shed Rs 2.35, or 0.65%, to Rs 361.10 per kg in a business turnover of 2,105 lots.
The metal for delivery in far-month February next year traded lower by Rs 2.15, or 0.58%, to Rs 366.90 per kg in 44 lots.
Analysts attributed the fall in copper futures to a weak trend in base metals at the London Metal Exchange (LME) after the Federal Reserve's delay in increasing interest rates signalled concerns over rising international risks and the recent market turmoil.
Globally, copper for delivery in three months fell 0.9% to $5,340 at LME.
At Multi Commodity Exchange, copper for delivery in November shed Rs 2.35, or 0.65%, to Rs 361.10 per kg in a business turnover of 2,105 lots.
The metal for delivery in far-month February next year traded lower by Rs 2.15, or 0.58%, to Rs 366.90 per kg in 44 lots.
Analysts attributed the fall in copper futures to a weak trend in base metals at the London Metal Exchange (LME) after the Federal Reserve's delay in increasing interest rates signalled concerns over rising international risks and the recent market turmoil.
Globally, copper for delivery in three months fell 0.9% to $5,340 at LME.
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First Published: Sep 18 2015 | 11:22 AM IST