Copper futures weaken 1.04% on tepid demand

Amid a weak trend in the global market and subdued domestic demand, copper prices fell 1.04 per cent in futures trade today.
At the Multi Commodity Exchange, copper for delivery in June shed Rs 3.75, or 1.04 per cent, to Rs 357.70 per kg in a business turnover of 209 lots.
On similar lines, the metal for delivery in far-month August was down by Rs 3.55, or 0.97 per cent, to Rs 361.30 per kg in 3 lots.
Analysts attributed the fall in copper futures to offloading of positions by participants tracking weak global cues and low demand at the domestic spot markets.