Copper futures traded lower by 0.56 per cent at Rs 438.70 per kg in futures trade on Thursday after speculators reduced their exposure.
On Multi Commodity Exchange, copper contracts for September delivery fell by Rs 2.45, or 0.56 per cent, to Rs 438.70 per kg in a business turnover of 338 lots.
Similarly, the October contract of the metal traded down by Rs 1.70, or 0.38 per cent, at Rs 445.65 per kg in a business turnover of 2,233 lots.
At the London Metal Exchange, the metal was quoting higher by 0.12 per cent to USD 5,787 per tonne.