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Commodities

Copper Prices Plummet on Muted Demand in Indian Spot Market

Guavy AI Editorial Team
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Copper
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Copper prices have experienced a decline in value due to muted demand in India's domestic spot market. In futures trade, copper fell by Rs 1.35 (approximately $0.018 USD) to Rs 1,374.50 per kilogram. The August contract for copper showed this decrease amid reduced purchasing activity from local buyers. The current situation has led to a downturn in the metal's price, impacting market participants and investors alike.

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