Weak cues from global market as China released figures showing the country's factory activity eased slightly in April, affected prices
Furthermore, muted demand at domestic spot market pushed down the metal prices
Speculators trimmed positions amid a weak trend in global markets
Subdued demand at domestic spot market also pushed down metal prices
Speculators trimmed positions amid a weak trend in global markets
Speculators widened their positions, largely in tandem with a firming trend overseas
Copper surplus seen at 1,50,000 tonnes, while prices are set to average at $4,850 per tonne, a GFMS study has revealed
Speculators cut down their bets after select base metals weakened in global markets
However, a firm trend in the base metals pack at the London Metal Exchange (LME), capped the losses
Speculators enlarged bets, largely in step with a firming trend in base metals at the Shanghai Futures Exchange
Speculators cut down their positions, tracking a weak trend overseas