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IE:Copper futures weaken on global cues
 
Copper prices declined marginally by 0.13 per cent to Rs 432.05 per kg in futures trade today as speculators offloaded positions on weak global trend.

At the Multi Commodity Exchange, copper for delivery in November declined by 55 paise, or 0.13 per cent, to Rs 432.05 per kg, with a business turnover of 14,373 lots.

Likewise, the metal for delivery in February traded lower by 55 paise, or 0.12 per cent, to Rs 442.60 per kg in 1,129 lots.

Marketmen said speculators offloaded their positions in tandem with a weak global trend mainly influenced copper futures.

Meanwhile, copper dropped almost 0.1 per cent to USD 8,159.50 a tonne on the London Metal Exchange.
Source