Copper futures ease on low demand

New Delhi, Feb 26 () Copper futures on Wednesday traded 0.58 per cent lower at Rs 420.70 per kg as speculators reduced their exposure on weak spot demand.

On the Multi Commodity Exchange, copper contracts for February delivery fell by Rs 2.45, or 0.58 per cent, to Rs 420.70 per kg in a business turnover of 25 lots.

Similarly, copper contracts for March delivery traded lower by Rs 3.20, or 0.75 per cent, to Rs 424.65 per kg in a business turnover of 4,868 lots.

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