Monday, 16 May 2011

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India: Copper futures decline on global cues

  • Monday, 16 May 2011
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  • New Delhi, May 16 (PTI) Copper prices fell by Rs 3.50 to Rs 403.20 per kg in futures trade today as speculators off-loaded their positions on the back of a weak global trend. Also, sluggish demand for the metal at domestic markets kept pressure on the copper futures here. At the Multi Commodity Exchange, copper for delivery in August fell by Rs 3.50, or 0.86 per cent to Rs 403.20 per kg, with a



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