Copper futures slip on muted demand
Mar 16, 2020, 13:26 IST
New Delhi, Mar 16 () Copper futures on Monday traded 1.59 per cent lower at Rs 415.10 per kg after participants offloaded their positions on weak spot demand.
On the Multi Commodity Exchange, copper contracts for March delivery fell by Rs 6.70, or 1.59 per cent, to Rs 415.10 per kg in a business turnover of 3,483 lots.
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Similarly, copper contracts for April delivery traded lower by Rs 6.70, or 1.49 per cent, to Rs 419 per kg in a business turnover of 231 lots.
Traders said subdued demand in spot market mainly pushed down copper prices here. VHP SHWSHW(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)