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Copper futures shed 0.33 pc on muted demand

Press Trust of India  |  New Delhi 

futures fell 0.33 per cent to Rs 483.60 per kg today as speculators booked profits at prevailing levels amid low demand at the spot markets.

At the Multi Commodity Exchange, for delivery in far-month August declined by Rs 1.60, or 0.33 per cent to Rs 489.50 per kg in a business turnover of 8 lots.

The for delivery in June month 1.45 or 0.30 per cent to Rs 483.60 per kg in a business volume of 358 lots.

Analysts attributed the fall to offloading of positions by speculators at prevailing higher levels coupled with subdued spot demand.

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

First Published: Thu, June 14 2018. 10:40 IST