Copper prices fell by Rs 2.85, or 0.91 per cent, to Rs 311 per kg in futures trade today, as speculators reduced their positions, driven by a weak global trend.
Subdued demand for the metal at the physical market too weighed on the copper futures prices.
At the Multi Commodity Exchange counter, the metal for delivery in June contract declined by Rs 2.85, or 0.91 per cent to Rs 311 per kg, with a turnover of 4,054 lots. It ended 0.14 per cent down at Rs 313.85 per kg in the previous session.
Similarly, the copper for delivery in August contract fell by Rs 2.80, or 0.88 per cent, to Rs 314.15 per kg, with a turnover of 1,834 lots.
Analysts said fresh selling by traders in tandem with a weakening trend overseas, on concerns about economic recovery continued to weigh on the trading sentiment, pulled down the copper prices in futures trade here.
Meanwhile, copper for three-month fell 1.56 per cent to $6,721 a metric tonne on the London Metal Exchange, while at Shanghai it shed 0.32 per cent to 53,790 yuan per tonne in early trade today.