Copper futures traded lower by Rs 1.40 at Rs 441.15 per kg on Wednesday as investors reduced their bets, taking weak cues from the global market.
Traders said apart from subdued trend overseas, weak demand at spot market mainly pushed down copper prices.
On the Multi Commodity Exchange, copper contracts for October delivery shed Rs 1.40, or 0.32 per cent, to Rs 441.15 per kg in a business turnover of 2,812 lots.
Similarly, copper contracts for November delivery traded down by Rs 1.30, or 0.29 per cent, to Rs 445.65 per kg in a business turnover of 250 lots.
Globally, copper for three-month delivery traded lower by 0.77 per cent at USD 5,773 per tonne on the London Metal Exchange.
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