Copper futures dip on strong dollar
28/02/2017 12:49
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 393.45 per kg, down by 0.47 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 12:50 hours).
28/02/2017 12:49
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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 393.45 per kg, down by 0.47 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 12:50 hours).