Copper futures fell during noon trade in the domestic market on Wednesday as investors and speculators exited positions in the industrial metal amid soft physical demand for copper in the domestic spot market. Further, fears of weak demand from China, the world’s biggest metals consumer, after the country’s biggest cities including Shanghai and Shenzhen introduced property curbs weighed on the industrial metal. Read more- Copper Tips .
At the MCX, Copper futures for April 2016 contract were trading at Rs. 323.5 per 1 kg, down by 1.01 per cent, after opening at Rs. 325.25, against the previous closing price of Rs. 326.5. It touched the intra-day low of Rs. 321.9.
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