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Copper futures edge down on profit booking

  • Jan-12-2018
  • 15 Hrs IST

Copper futures edged down on MCX, as traders engaged in locking in prevailing profits despite firming trend of red metal in overseas market. Further, eased demand in spot market also boosted the down trend.

The contract for February delivery was trading at Rs 455.10, down by 0.23% or Rs 1.05 from its previous closing of Rs 456.15. The open interest of the contract stood at 12467 lots.

The contract for April delivery was trading at Rs 458.70, dipped by 0.34% or Rs 1.55 from its previous closing of Rs 460.25. The open interest of the contract stood at 715 lots on MCX.