Copper futures slip on muted demand

Copper futures slip on muted demand

New Delhi, Nov 7 (PTI) Copper futures on Tuesday fell by Rs 3.70 to Rs 710 per kilogram, as participants cut their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for November delivery eased by Rs 3.70 or 0.52 per cent to Rs 710 per kg in a business turnover of 6,079 lots.

Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade. PTI SGC DRR

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