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15/04/2025 13:49

Copper futures dip on tepid domestic demand

Copper futures declined by 0.41% on Tuesday, settling at Rs 847.20 per kilogram, as traders trimmed their positions amid subdued demand in the domestic market.

On the Multi Commodity Exchange (MCX), copper contracts for May delivery dropped by Rs 3.45 to Rs 847.20 per kilogram, with a trading volume of 3,269 lots.

According to analysts, the fall in prices was driven by reduced buying interest and a cautious market sentiment, despite earlier gains fueled by speculative positions