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Copper futures fall on weak spot demand

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Copper futures fall on weak spot demand

New Delhi, Nov 26 (PTI) Copper futures on Friday fell 2.06 per cent to Rs 730.25 per kg in futures market as participants reduced their positions amid weak demand at the domestic spot market.

At the Multi Commodity Exchange, copper for delivery in December fell by Rs 15.35, or 2.06 per cent, to Rs 730.25 per kg in 5,370 lots.

Market analysts said offloading of positions by speculators due to weak demand at the spot market, mainly led to the fall in copper futures prices.

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