Copper futures down on strong dollar

Copper futures down on strong dollar

28/02/2017 15:48

Copper futures were trading lower during the afternoon trade in the domestic market on Tuesday as investors and speculators exited their positions in the industrial metal on strength in the US dollar.

At the MCX, copper futures for February 2017 contract is trading at Rs 394.40 per kg, down by 0.23 per cent, after opening at Rs 395.40, against a previous close of Rs 395.30. It touched the intra-day low of Rs 393 (at 15:50 hours).

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