 "Copper down 0.2% on global cues")
Copper prices fell 0.25% to Rs 430.70 per kg in futures market today as speculators trimmed positions amidst a weak trend in global markets.
At the Multi Commodity Exchange, copper for delivery in August traded lower by Rs 1.10, or 0.25% to Rs 430.70 per kg in business turnover of 308 lots.
Similarly, the metal for delivery in far-month November contract shed 75 paise, or 0.17% to Rs 438.20 per kg in 4 lots.
Meanwhile, copper for delivery in three months retreated 0.3% to USD 7,043.75 a metric tonne on the London Metal Exchange.
At the Multi Commodity Exchange, copper for delivery in August traded lower by Rs 1.10, or 0.25% to Rs 430.70 per kg in business turnover of 308 lots.
Similarly, the metal for delivery in far-month November contract shed 75 paise, or 0.17% to Rs 438.20 per kg in 4 lots.
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Analysts said apart from weak global trend, speculation that demand will slow down in China, the biggest user of the metal, mainly influenced copper prices at futures trade.
Meanwhile, copper for delivery in three months retreated 0.3% to USD 7,043.75 a metric tonne on the London Metal Exchange.