Copper futures prices today fell by 0.36 per cent to Rs 433.35 per kg today, as speculators trimmed their positions amid a weakening global trend under pressure due to worries about Chinese demand.
At the Multi Commodity Exchange, copper for delivery in November fell by Rs 1.55, or 0.36 per cent, to Rs 433.35 per kg, with a business turnover of 5,521 lots.
Similarly, the metal for delivery in February shed Rs 1.50, or 0.34 per cent, to Rs 439.40 per kg, with a trade volume of 300 lots.
Analysts said apart sluggish domestic demand, a weak trend in the global markets amid worries about Chinese demand, mainly kept pressure on copper futures here. Globally, copper for three-month delivery fell by 0.40 per cent to USD 8,099 per tonne on the London Metal Exchange, while at Shanghai Futures Exchange, the metal for most-active January contract fell by 0.90 per cent to 58,450 yuan (USD 9,300) per tonne.
