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Copper futures slide 0.65 pc as traders trim position

Press Trust of India  |  New Delhi 

prices fell by 0.65 per cent to Rs 453.60 a kg in futures trade Monday as participants cut exposure amid weak global cues.

At the Multi Commodity Exchange, for delivery in November declined by Rs 2.95, or 0.65 per cent, to Rs 453.60 per kg in a business turnover of 779 lots.

Analysts said offloading of positions by traders, tracking subdued demand at the domestic spot market due to weak overseas cues, mainly weighed on prices at futures trade.

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

First Published: Mon, October 08 2018. 12:45 IST