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Tracking a weak global trend, copper prices fell by 0.39% to Rs 468.10 per kg in futures trade today as speculators trimmed positions.
At the Multi Commodity Exchange, copper for delivery in February fell by Rs 1.85, or 0.39%, to Rs 468.10 per kg in business turnover of 403 lots.
Similarly, the metal for delivery in November traded lower by Rs 1.70, or 0.37%, to Rs 457.30 per kg in 5,922 lots.
Market analysts said speculators trimmed their positions on the back of weak global trend as investors assessed when the Federal Reserve will begin to reduce stimulus and awaited the conclusion of the Chinese Communist Party's four-day policy meeting today, mainly kept pressure on copper prices at futures trade.
Meanwhile,copper for delivery in three months lost 0.5% to 7,135 dollar a metric tonne on the London Metal Exchange.
