Copper futures prices fell by Rs 1.40, or 0.38 per cent, to Rs 371.05 per kg today, after speculators booked profits amid weak trend overseas.
Sluggish demand at the domestic markets also weighed on the copper futures here.
At the Multi Commodity Exchange counter, copper for November delivery eased by Rs 1.40, or 0.38 per cent, to Rs 371.05 per kg, with a business volume of 18 lots. It ended 0.50 per cent higher at Rs 372.45 per kg in the previous session.
Likewise, the metal for February delivery weakened by Rs 1.30, or 0.35 per cent, to Rs 373.05 per kg, with a business volume of two lots.
Meanwhile, three-month copper delivery was trading 0.43 per cent lower at $8,307.25 a tonne at the London Metal Exchange.
Analysts said speculators booking profits in tandem with a weak global trend, as China’s economy grew at the slowest pace in a year in the third quarter and the dollar's rebound, led to a decline in copper futures prices.
