Amid profit-booking by speculators and absence of positive cues from global market, copper prices declined by 0.30% to Rs 436.05 per kg in futures trade today.
At the Multi Commodity Exchange, copper for August delivery fell by Rs 1.30, or 0.30%, to Rs 436.05 per kg, with a business turnover of 8,698 lots. It had closed 0.86% higher at Rs 437.35 per kg in the last session.
Likewise, the metal for delivery in far-month November shed Rs 1.30, or 0.29%, to Rs 442 per kg, with a turnover of 423 lots.
Market analysts said profit-booking by speculators mainly put pressure on the copper futures prices here. Besides, absence of any positive cues from overseas markets influenced the prices, they added.
Meanwhile, copper for three-month delivery on the London Metal Exchange was steady at $9,820 per tonne.