Reports of lower exports also fuel drop in futures prices, but deficient rains in key growing areas limits losses
LME copper down nearly 1%
Silver fell 0.8% to $27.09 an ounce in Singapore
Slack spot demand aldo pulled prices down
Subdued demand also dragged prices
The commodity lost 2% to touch $940 a tonne on the Malaysian Derivatives Exchange
Imports of gold into India have been subdued so far this year
Concerns over Spain's financial health pushed the euro to two-year lows against the dollar
The exchange launched in 2010 offers trading in 8 agri commodities
The MWPL, indicating the size of the company, has been raised to Rs 300 crore, from Rs 100 crore
Price declines amid threat of lower consumption on weak global economic sentiment
Analyst's View
Stronger manufacturing growth in China pushes futures prices up
Lower arrivals from growing belts push demand, as September contracts surges 1.75%
Move to ease storage crisis in the godowns
Less arrivals from producing belts adds to pushing futures up
Restricted arrival from producing belts helps growth
Fall in demand, sluggish exports hold September contract to 0.7%
Increased supplies stem growth