Copper futures decline on muted demand
22/09/2017
Copper futures were trading lower during the noon trade in the domestic market on Friday as speculators trimmed positions, tracking a weak trend overseas and muted spot demand.Analysts attributed the fall in copper futures to weak trend at the London Metal Exchange (LME) where copper and other base metals weakened.At the MCX, copper futures for November 2017 contract was trading at Rs 417.95 per kg, down by 1.14 per cent, after opening at Rs 420.55, against a previous close of Rs 422.75. It touched the intra-day low of Rs 417.30 (at 12:10 hours).
22/09/2017
CLICK HERE
Copper futures were trading lower during the noon trade in the domestic market on Friday as speculators trimmed positions, tracking a weak trend overseas and muted spot demand.Analysts attributed the fall in copper futures to weak trend at the London Metal Exchange (LME) where copper and other base metals weakened.At the MCX, copper futures for November 2017 contract was trading at Rs 417.95 per kg, down by 1.14 per cent, after opening at Rs 420.55, against a previous close of Rs 422.75. It touched the intra-day low of Rs 417.30 (at 12:10 hours).
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
