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Copper Futures Drop as Muted Demand Hits Prices
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News18•28-09-2026, 13:45
Copper Futures Drop as Muted Demand Hits Prices
- •Copper prices fell by Rs 11.90 to Rs 1,407.35 per kilogram in futures trade.
- •The decline occurred on Monday amid muted demand in the domestic spot market.
- •On the Multi Commodity Exchange (MCX), the October delivery contract slipped 0.84 per cent.
- •Subdued domestic demand from consuming industries was cited as the reason for the price drop.
Key Questions Answered
Copper futures prices fell due to muted and subdued demand in the domestic spot market from consuming industries.
The copper contract for October delivery slipped by Rs 11.90, or 0.84 per cent, to settle at Rs 1,407.35 per kg on the MCX.
The October copper contract traded a total of 2,347 lots during the session when prices slipped to Rs 1,407.35 per kg.