Copper falls 0.9% on weak global cues
Prices fell as speculators offloaded their positions
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Copper futures for April fell Rs 3.40, or 0.87% to Rs 385.50 per kg in 15,875 lots.
At the Multi Commodity Exchange (MCX), the metal for delivery in June traded lower by Rs 3, or 0.76% to Rs 390.05 per kg in 4,955 lots.
Prices fell as speculators offloaded their positions.
Weak global cues affected the trade.
On the London Metal Exchange (LME), copper fell 6.2% to $7,135.75 a tonne.
At the Multi Commodity Exchange (MCX), the metal for delivery in June traded lower by Rs 3, or 0.76% to Rs 390.05 per kg in 4,955 lots.
Prices fell as speculators offloaded their positions.
Weak global cues affected the trade.
On the London Metal Exchange (LME), copper fell 6.2% to $7,135.75 a tonne.
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First Published: Apr 26 2013 | 2:21 PM IST