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Copper futures down on muted demand

Press Trust of India  |  New Delhi 

traded a shade lower at Rs 464.75 per kg today as participants reduced their exposure, tracking a weak trend at the spot market on sluggish demand.

At the Multi Commodity Exchange, for delivery in 25 paise, or 0.05 per cent to Rs 464.75 per kg in business turnover of 603 lots.

Likewise, the for delivery in far-month August contracts fell by 10 paise, or 0.02 per cent to Rs 468.85 per kg in 3 lots.

Analysts attributed the fall in to offloading of positions by traders owing to slackened demand from consuming industries in the physical market.

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

First Published: Mon, May 14 2018. 10:55 IST