Copper futures down on weak demand 29/10/2019

Copper futures down on weak demand 29/10/2019

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Copper futures were trading lower during the noon trade in the domestic market on Tuesday as investors reduced their bets.Traders said apart from subdued trend overseas, weak demand at spot market mainly pushed down copper prices . At the MCX, copper futures for November 2019 contract is trading at Rs 440.70 per kg, down by 0.36 per cent, after opening at Rs 442.00, against a previous close of Rs 442.30. It touched the intra-day low of Rs 440.55 (at 12:26 hours).

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