Monday, 13 June 2011

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Copper declines in futures trade on global cues

  • Monday, 13 June 2011
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  • Copper prices declined by 0.14% to Rs 406.55 per kg in futures trade today as speculators reduced their positions, triggered by a weakening global trend. Sluggish demand at the domestic spot market also put some pressure on the copper prices at futures trade. At the Multi Commodity Exchange, copper for delivery in August fell by 55 paise, or 0.14%, to Rs 406.55 per kg, with a business turnover



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