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23-Aug2018

Copper futures slip amid easing demand

Copper futures slipped on MCX, tracking weak trend overseas amid easing demand from consuming industries at the domestic spot market.

The contract for August delivery was trading at Rs 408.75, down by 0.84% or Rs 3.45 from its previous closing of Rs 412.20. The open interest of the contract stood at 29484 lots.

The contract for November delivery was trading at Rs 416.00, down by 0.80% or Rs 3.35 from its previous closing of Rs 419.35. The open interest of the contract stood at 1534 lots on MCX.


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