Copper futures dip on soft demand

New Delhi, Feb 27 () Copper futures on Thursday traded 0.59 per cent lower at Rs 422.60 per kg as speculators reduced their exposure on weak spot demand.

On the Multi Commodity Exchange, copper contracts for March delivery fell by Rs 2.50, or 0.59 per cent, to Rs 422.60 per kg in a business turnover of 2,675 lots.

Similarly, copper contracts for April delivery traded lower by Rs 2.65, or 0.62 per cent, to Rs 426.10 per kg in a business turnover of 22 lots.

Traders said subdued demand in spot market mainly pushed down copper prices here. VHP SHWSHW

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

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