Copper futures slip on muted demand

New Delhi, Jul 11 (PTI) Copper futures on Thursday fell 0.11 per cent to Rs 867.75 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for July delivery eased by 95 paise or 0.11 per cent to Rs 867.75 per kg in a business turnover of 7,004 lots.

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