Saturday, December 20, 2025 | 06:04 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Copper weakens in futures trade on overseas trend

Image

Press Trust of India New Delhi

Copper futures prices fell marginally by 0.20% today after speculators reduced their positions in line with a weakening trend at the London Metal Exchange.

At the Multi Commodity Exchange, copper for delivery in April eased by 85 paise, or 0.20% to Rs 423.60 per kg, with a business volume of nine lots.

Similarly, the metal for delivery in June shed 80 paise, or 0.19% to Rs 430.55 per kg, with a trade volume of three lots.

Market analysts said off-loading of positions by speculators following weakness in metal at the London Metal Exchange (LME), mainly put pressure on the copper at futures market here.

Meanwhile, at the LME, three-month-delivery copper lost 0.5% to $9,535 a metric tonne.

 

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

First Published: Apr 21 2011 | 1:42 PM IST

Explore News