Copper futures fell marginally by 0.29% to Rs 411.75 per kg today after speculators trimmed their positions, after a weak trend overseas.
At the Multi Commodity Exchange, the February contract for copper fell by Rs 1.20, or 0.29%, to Rs 411.75 per kg, with a trading volume of 1,968 lots.
The April contract lost Rs 1.05, or 0.25%, to Rs 417.85 per kg, clocking a trading volume of 482 lots.
Analysts said the fall in copper prices in futures trade was mostly attributed to reports of a weak trend in metal at the London Metal Exchange (LME) on China demand concerns, which will lead to a rise in stockpiles.
Meanwhile, at the LME, copper for delivery in three months fell as much as 0.3% to $8,363.25 per tonne in early trade today.
