India Copper futures traded lower due to overseas markets

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Mon, Apr 27, 2009
Copper Market News
Post by Mike Rodger, Copper Reporter

India copper futures are reported to trade lower on Monday following international markets, where a broad sell-down in commodities and stocks on fears a deadly flu outbreak could reach pandemic proportions pressured the metal.

T. Gnanansekar, director with Commtrendz Research in Mumbai, stated:

The downward trend would continue in copper on the back of doubts of overall demand.

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