India's copper futures fell by over 2 percent on Monday pressured by a strong rupee, which makes the dollar-quoted asset cheaper, and weak international markets, analysts said. The most active copper contract MCCM9 was 2.06 percent lower at 216.55 rupees per kg at 10:22 a.m., after hitting a low of 214.6 rupees in early deals. "The downward move is primarily due to strong Indian rupee," said Kunal Shah, an analyst with Nirmal Bang Commodities. "If it breaches 213 (rupees), then the next level to watch out for would be 209 (rupees)," said Shah. The Indian rupee strengthened past 49 per dollar for the first time in three months and turned positive for the year, after the ruling coalition registered a clear victory in the general elections. Shanghai copper fell 2 percent as investors worried that an oversupply may be emerging in China, with copper imports expected to stay high while demand drifts to seasonal lows. The May zinc MZIK9 contract was 1.71 percent lower at 71.80 rupees per kg, while May lead MLDK9 was 2.47 percent lower at 71.20 rupees per kg at 10:23 a.m.

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