Commodity Watch: Copper futures slip on subdued demand

New Delhi: Copper prices fell Rs 5.90 to Rs 1,203.60 per kilogram in the futures trade, weighed down by weak global trends and a muted demand in the domestic spot market.

Copper for February delivery slipped 0.49 per cent in a turnover of 16,263 lots. Similarly, the March contract went lower by Rs 6.40, or 0.52 per cent, to Rs 1,228.65 per kg in 7,698 lots on the MCX.

Aluminium futures fall on low bets

Aluminium prices traded lower to Rs 308.75 per kilogram in futures trade, as participants reduced their exposure, tracking weakness in the overseas markets.

Aluminium for February delivery slipped 0.16 per cent in a turnover of 3,099 lots. Analysts said the weakness in aluminium futures was largely influenced by a soft trend in global rates.

Zinc futures ease on weak trend

Zinc prices edged lower in futures trade, tracking weak global cues and subdued demand from consuming industries in the spot market.

Zinc futures for February delivery slipped 60 paise, or 0.19 per cent, to Rs 323 per kilogram in a business turnover of 1,755 lots.