Copper futures prices fell by 0.79% to Rs 403.95 per kg today, as speculators trimmed their positions amid a weak trend in China.
Sluggish demand from consuming industries in the spot market also put pressure on copper futures prices here.
At the Multi Commodity Exchange, February copper declined by Rs 3.20, or 0.79%, to Rs 403.95 per kg, with a business turnover of 8,950 lots.
The April contract lost Rs 3.25, or 0.77%, to Rs 407.90 per kg, with a trading volume of 590 lots.
Analysts attributed the fall in copper futures prices to a weakening trend in Shanghai on concern that a slowdown in China, the biggest consumer of the metal, may curb demand growth next year.
Meanwhile, copper for delivery in March traded a shade lower at 55,180 yuan per tonne on the Shanghai Futures Exchange, while the metal prices fell by 3% on the Comex, New York. The London Metal Exchange remained closed for a public holiday.
