Copper futures slide on tepid demand

New Delhi, Jan 21 () Copper futures on Tuesday traded 0.76 per cent lower at Rs 452 per kg as speculators reduced their exposure on weak spot demand.

On the Multi Commodity Exchange, copper contracts for January delivery fell by Rs 3.45, or 0.76 per cent, to Rs 452 per kg in a business turnover of 1,858 lots.

Similarly, copper contracts for February delivery traded lower by Rs 3.25, or 0.72 per cent, at Rs 451.25 per kg in a business turnover of 366 lots.

Traders said weak demand in spot market mainly pushed down copper prices here. VHP SHW SHW