Copper falls by 0.6% on overseas cues
Analysts attributed the fall in copper futures to weak global cues and low demand at the domestic spot markets
 "Copper falls by 0.6% on overseas cues")
Amid a weak trend in the global market and subdued domestic demand, copper prices fell 0.60% in futures trade today.
At the Multi Commodity Exchange, copper for delivery in August shed Rs 2, or 0.60%, to Rs 330.60 per kg, in a business turnover of 609 lots.
On similar lines, metal for delivery in far-month November was down by Rs 1.75, or 0.52%, to Rs 337 per kg in 14 lots.
Analysts attributed the fall in copper futures to weak global cues and low demand at the domestic spot markets.
At the Multi Commodity Exchange, copper for delivery in August shed Rs 2, or 0.60%, to Rs 330.60 per kg, in a business turnover of 609 lots.
On similar lines, metal for delivery in far-month November was down by Rs 1.75, or 0.52%, to Rs 337 per kg in 14 lots.
Analysts attributed the fall in copper futures to weak global cues and low demand at the domestic spot markets.
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First Published: Jul 05 2016 | 10:57 AM IST