Copper futures traded 0.32 per cent lower at Rs 434.05 per kg in futures trade on Thursday as speculators reduced their exposure on weak spot demand.
On the Multi Commodity Exchange, copper contracts for November delivery fell by Rs 1.40, or 0.32 per cent, to Rs 434.05 per kg in a business turnover of 2,412 lots.
Similarly, copper contracts for December delivery traded lower by Rs 1.30, or 0.30 per cent, at Rs 439.25 per kg in a business turnover of 304 lots.
Globally, copper for three-month delivery remained almost flat at USD 5,875 per tonne on the London Metal Exchange.