Tuesday, December 30, 2025 | 11:38 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Copper falls by 1.2% on global cues

Subdued spot demand also affected copper prices

Press Trust of India New Delhi
Copper prices fell by 1.20% to Rs 460.40 per kg in futures trade today amid a weak overseas trend and subdued spot demand.
 
At the Multi Commodity Exchange, copper for delivery in November fell by Rs 5.60, or 1.20%, to Rs 460.40 per kg in business turnover of 4,407 lots.
 
Similarly, the metal for delivery in February traded lower by Rs 4.95, or 1.04%, to Rs 470.75 per kg in 172 lots.
 
Analysts attributed the fall in copper futures to a weak global trend as lower imports by China suggested demand by the largest consumer may be weaker than estimated.
 
 
Meanwhile, copper for delivery in three months fell 1.30% to trade at $7,188.50 a tonne at the London Metal Exchange, the biggest drop since September 12. 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 23 2013 | 11:59 AM IST

Explore News