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Copper futures slide 0.47% on muted demand, global cues

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Copper prices eased by 0.47 per cent to Rs 452.85 per kg in futures trade Thursday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Besides, a weak trend at the global market too weighed on the prices.

At the Multi Commodity Exchange, copper for delivery in April shed Rs 2.15, or 0.47 per cent, to Rs 452.85 per kg.

Marketmen said offloading of positions by traders due to a weak trend in the domestic spot market led to the fall in copper prices at futures trade here.



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