Copper futures prices fell by 0.36 per cent to Rs 403.10 per kg today after speculators booked profits amid weak trend at the London Metal Exchange as strong dollar reduced commodities' appeal.
At the Multi Commodity Exchange counter, copper for delivery in April traded Rs 1.45, or 0.36 per cent down at Rs 403.10 per kg, with a trade volume of 561 lots.
The metal for delivery in February also weakened by Rs 1.15, or 0.29 per cent to Rs 401.05 per kg, with a business turnover of 6,755 lots. It ended 0.76 per cent higher at Rs 402.20 per kg in the previous session.
Meanwhile, copper contract for three-month delivery was trading 0.78 per cent lower at $8,795.75 a tonne at the London Metal Exchange in early trade today.
Analysts said besides profit-booking by speculators after yesterday's gains, a weak trend at the London Metal Exchange, weighed down by a strong dollar, which reduced commodities' appeal as an alternative investment, mainly kept pressure on the copper futures prices here.
