Copper futures prices fell by 0.28% to Rs 394 per kg today, in tandem with a weak trend on the London Metal Exchange (LME).
At the Multi Commodity Exchange, copper for delivery in February fell by Rs 1.10, or 0.28%, to Rs 394 per kg, with a trade volume of 3,329 lots.
In a similar fashion, the metal for delivery in November lost Re 1, or 0.26%, to Rs 385.50 per kg, with an open interest for 7,640 lots.
Meanwhile, prices of copper for three-month delivery fell by 1.3% to $7,395 per tonne on the LME.
Analysts said in addition to subdued domestic demand, a weak trend on the LME as Moody's Investors Service's comments on a possible ratings downgrade of bank debt in European countries prompted concern that the region's debt crisis may not be contained.