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Copper futures decline marginally on low demand

Press Trust of India  |  New Delhi 

Copper futures on Tuesday traded 0.14 per cent lower at Rs 431.50 per kg as speculators reduced their exposure on weak spot demand.

On the Multi Commodity Exchange, copper contracts for December delivery fell by 60 paise, or 0.14 per cent, to Rs 431.50 per kg in a business turnover of 1,762 lots.

Similarly, copper contracts for January delivery traded lower by 85 paise, or 0.19 per cent, at Rs 436.30 per kg in a business turnover of 33 lots.

However, globally copper was trading 0.32 per cent higher to USD 5,883 per tonne on the London Metal Exchange.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 03 2019. 12:30 IST
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