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Copper futures fall 0.48% on profit booking, subdued demand

Press Trust of India  |  New Delhi 

futures traded lower by 0.48 per cent at Rs 448.90 per kg Monday as speculators offloaded their bets to book profits.

Besides, subdued demand at the domestic spot market further pushed down here.

At the Multi Commodity Exchange, for delivery in 2.15, or 0.48 per cent, to Rs 448.90 per kg in a business turnover of 11,940 lots.

Analysts attributed the fall in prices to offloading of positions by participants amid muted demand at the domestic spot market.

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

First Published: Mon, April 15 2019. 14:00 IST