New Delhi, Dec 18 (PTI) Copper futures on Monday fell Rs 2.40 to Rs 723.25 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for December delivery eased by Rs 2.40 or 0.33 per cent to Rs 723.25 per kg in a business turnover of 4,388 lots.

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Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)