Commodity Watch: Copper futures decline on weak demand

New Delhi: Copper futures fell Rs 21.65 to Rs 1,260.30 per kilogram as participants reduced their positions amid muted demand in the domestic market. Copper futures for the March contract eased by 1.69 per cent in a business turnover of 1,141 lots. Analysts attributed the decline in copper prices to lower bets by participants.

Aluminium futures fall on low demand

Aluminium prices dropped by Rs 3.60 to Rs 309.65 per kg in the futures trade as participants trimmed their positions amid a weak trend in spot markets. Aluminium for delivery in March fell by Rs 3.60 or 1.15 per cent to Rs 309.65 per kg in 78 lots.

Zinc futures ease on weak demand

Zinc prices fell Rs 2.60 to Rs 322.70 per kg in futures trade as speculators reduced their exposure, tracking negative cues from the spot market. Zinc contracts for March delivery slipped 0.8 per cent in a business turnover of 63 lots.