Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end marginally lower on Wednesday

10-May2018

Copper futures end marginally lower on Wednesday

Copper futures ended marginally lower on Wednesday as investors were a bit cautious after the United States pulled out of an international nuclear deal with Iran. US President Donald Trump said he would re-impose US economic sanctions on Iran to undermine 'a horrible one-sided deal that should have never, ever been made'.

Copper futures for July delivery fell less than 0.1 percent to settle at $3.058 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed up 1 percent at $6,810 a metric ton.



Related News

View all news

Copper futures end higher on Friday

Copper futures edged higher on Friday, with a dip in the dollar helping to steady metal markets after a tough week. The forces that battered metal markets earlier in the week cooled during Friday's session,......

Copper prices edge higher on Thursday

Copper prices rebounded Thursday after entering bear-market territory for the first time since November 2016 a day earlier, boosted by signs of easing trade tensions. China and the U.S. reached a modest......

Copper futures trade tad lower on MCX

Copper futures traded marginally lower on MCX, despite uptick in demand from consuming industries in the spot market. Besides, weak trend in overseas markets weighted down on prices of copper futures.The......

Top News

View all news

Shriram City Union Finance planning to raise up to Rs 500 crore

Shriram City Union Finance is planning to raise funds up to Rs 500 crore. The company intends to issue and allot on private placement basis 5,000 number of secured non-convertible redeemable debentures......

TCS features as star performer in Digital Workplace Services by Everest Group

Tata Consultancy Services (TCS) has been recognized as a leader and Star Performer for the second year in a row in the Everest Group PEAK Matrix for Worldwide Digital Workplace Services. In an assessment......

Tribhovandas Bhimji Zaveri opening 38th store in Uttar Pradesh

Tribhovandas Bhimji Zaveri is opening its 38th store at G-31 & G-32 consisting of Basement Ground Floor & First Floor Noida, in state of Uttar Pradesh on August 18, 2018.Earlier, the company......