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Copper sheds 0.55% on weak global cues

Posted: Tue Aug 26, 2014 2:40 am
by Jhon Kumar
Tracking a weak global trend, copper prices eased 0.55 per cent to Rs 427.70 per kg in futures trade today as speculators trimmed their positions. At the Multi Commodity Exchange, copper for delivery in August fell Rs 2.35, or 0.55 per cent, to Rs 427.70 per kg in business turnover of 819 lots. November copper traded lower by Rs 2.10, or 0.48 per cent, to Rs 436.30 per kg in 130 lots.