Copper prices fell by Rs 0.30, or 0.10 per cent to Rs 305.65 per kg today, as traders reduced their positions after overnight losses at the London Metal Exchange on worries that demand may decline.
Subdued demand for the metal at physical markets also put pressure on copper prices at futures market.
At the Multi Commodity Exchange, copper for delivery in June contract drifted by Rs 0.30, or 0.10 per cent to Rs 305.35 per kg, with a turnover of 5,400 lots. It closed 2.37 per cent down at Rs 305.95 per kg in yesterday's trading.
The metal for delivery in August contract also fell by a similar margin to Rs 308.65 per kg, with a turnover of 351 lots.
Analysts attributed the fall in copper futures to a weakening trend at the London Metal Exchange, where the metal fell by 2 per cent due to China's slowing growth, which may hurt demand.
Besides, subdued trend at domestic markets also put pressure, they added.
