Copper futures dip on subdued demand

Copper futures on Friday traded 0.17 per cent lower at Rs 434.85 per kg as participants reduced their holdings on subdued spot demand.

On the Multi Commodity Exchange, copper contracts for February delivery fell by 75 paise, or 0.17 per cent, to Rs 434.85 per kg in a business turnover of 3,226 lots.

Traders said subdued demand in spot market mainly pushed down copper prices here.