 "Copper falls by 0.3% on weak global cues")
Tracking a weak global trend, copper prices fell 0.33% to Rs 413.60 per kg in futures trade today as speculators offloaded positions.
Further, subdued demand at domestic spot market weighed on metal prices.
At the Multi Commodity Exchange, copper for delivery in June shed Rs 1.35, or 0.33%, to Rs 413.60 per kg in business turnover of 192 lots.
Analysts attributed the fall in copper futures to weak global cues as investors await jobs figures from the US and trade data from China, the world's largest users of the metal.
Meanwhile, copper dropped by 0.1% to $6,383 per tonne at the London Metal Exchange, while in Shanghai, metal for July delivery fell 0.8% to 45,770 yuan ($7,378) per tonne.
Further, subdued demand at domestic spot market weighed on metal prices.
At the Multi Commodity Exchange, copper for delivery in June shed Rs 1.35, or 0.33%, to Rs 413.60 per kg in business turnover of 192 lots.
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On similar lines, metal for delivery in far-month August contracts was trading Rs 1.15, or 0.27% down at Rs 418.50 per kg in turnover of four lots
Analysts attributed the fall in copper futures to weak global cues as investors await jobs figures from the US and trade data from China, the world's largest users of the metal.
Meanwhile, copper dropped by 0.1% to $6,383 per tonne at the London Metal Exchange, while in Shanghai, metal for July delivery fell 0.8% to 45,770 yuan ($7,378) per tonne.