Amid profit-booking by speculators and a weak trend overseas, copper prices declined by 0.60% to Rs 450.50 per kg in futures trade today.
At Multi Commodity Exchange, copper for delivery in November declined by Rs 2.70, or 0.60%, to Rs 450.50 per kg, with a business turnover of 11,320 lots.
February copper traded lower by Rs 2.60, or 0.57%, to Rs 455.35 per kg, with a business turnover of 1,360 lots.
Marketmen said besides profit-booking by speculators, a weak trend in overseas markets where the metal slipped from a four-month peak, led to the fall in copper prices at futures trade.
Meanwhile, copper for three-month delivery slipped as much as 0.72% to $8,010.25 a tonne on the London Metal Exchange, reversing an advance in the previous session when it hit $8,109.75 a tonne, the highest since May 10.
