Copper futures slide amid soft demand

Copper futures were trading lower during the morning trade in the domestic market on Tuesday as speculators offloaded their bets to book profits. Analysts attributed the fall in copper prices to offloading of positions by participants amid muted demand at the domestic spot market.

At the MCX, copper futures for July 2019 contract is trading at Rs 443.95 per kg, down by 0.34 per cent, after opening at Rs 445.40, against a previous close of Rs 445.45. It touched the intra-day low of Rs 443.65 .

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