Copper futures slide 0.39% on tepid demand
18/07/2017
Copper futures were trading lower during the noon trade in the domestic market on Tuesday as traders indulged in reducing their positions.Analysts attributed the fall in copper prices at futures trade to a weak trend in base metals at the domestic spot markets due to low demand from consuming industries.At the MCX, copper futures for August 2017 contract is trading at Rs 387.80 per kg, down by 0.39 per cent, after opening at Rs 389.05, against a previous close of Rs 389.30. It touched the intra-day low of Rs 387.00 (at 12:40hours).
18/07/2017
Copper futures were trading lower during the noon trade in the domestic market on Tuesday as traders indulged in reducing their positions.Analysts attributed the fall in copper prices at futures trade to a weak trend in base metals at the domestic spot markets due to low demand from consuming industries.At the MCX, copper futures for August 2017 contract is trading at Rs 387.80 per kg, down by 0.39 per cent, after opening at Rs 389.05, against a previous close of Rs 389.30. It touched the intra-day low of Rs 387.00 (at 12:40hours).
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