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Muted demand drags down copper futures by 0.02%

Press Trust of India  |  New Delhi 

Copper futures traded a shade lower at Rs 463.10 per kg Wednesday on lower exposure amid subdued demand at the domestic spot markets.

At the Multi Commodity Exchange, copper for delivery in 10 paise or 0.02 per cent, to quote at Rs 463.10 per kg in a business volume of 157 lots.

Analysts said off-loading of positions by participants due to slackened demand from consuming industries in the physical market and a weak trend overseas influenced copper prices in futures trade.

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

First Published: Wed, October 10 2018. 11:35 IST