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Copper futures slip on weak demand

Press Trust of India  |  New Delhi 

Copper futures on Friday traded 0.36 per cent lower at Rs 444.10 per kg in futures trade after speculators reduced their exposure even as the metal gained overseas

On Multi Commodity Exchange, copper contracts for November delivery fell by Rs 1.60, or 0.36 per cent, to Rs 444.10 per kg in 2,759 lots.

Similarly, copper contracts for December delivery traded down by Rs 1.50, or 0.33 per cent, at Rs 448.85 per kg in 113 lots.

Globally, copper traded 1.13 per cent higher at USD 5,974 per tonne at the London Metal Exchange.

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

First Published: Fri, November 08 2019. 12:55 IST