Copper futures slip on soft demand
Feb 21, 2020, 18:43 IST
New Delhi, Feb 21 () Copper futures on Friday traded 0.36 per cent lower at Rs 428.60 per kg as participants reduced their exposure on weak spot demand.
The trading in the first half was closed on account of 'Mahashivratri'.
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On the Multi Commodity Exchange, copper contracts for February delivery fell by Rs 1.55, or 0.36 per cent, to Rs 428.60 per kg in a business turnover of 956 lots.
Similarly, copper contracts for March delivery traded lower by Rs 1.40, or 0.32 per cent, to Rs 433.80 per kg in a business turnover of 298 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.)