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Copper futures slip on muted demand

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Non-Ferrous 05 Feb 2024 02:29 PM IST PTI

Copper futures on Monday fell 95 paise to ₹721.10 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for February delivery eased by 95 paise or 0.13% to ₹721.10 per kg in a business turnover of 4,913 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.