Copper futures today moved down by Rs 1.45 or 0.43 per cent to Rs 338.70 per kg in futures trading, extending yesterday's weakness on weak trend at the London Metal Exchange on news that US might have slower than anticipated recovery.
Slackened demand for the metal at the physical markets also kept up pressure on the copper futures.
At the Multi Commodity Exchange counter, copper for delivery in November contracts traded Rs 1.45 or 0.43 per cent lower at Rs 338.70 per kg, with a turnover of 479 lots.
Likewise, the metal for delivery in August month contracts fell by Rs 1.35 or 0.40 per cent to Rs 335.85 per kg in a turnover of 6,219 lots. It ended down 0.63 per cent at Rs 337.20 per kg in the previous session.
Market analysts said weak market trend in copper trading where it slipped to lowest level in two weeks after disappointing trade data from the US led to a fall in the metal prices in domestic futures market.
Besides, at the London Metal Exchange, copper for three-month delivery fell by $105 or 1.44 per cent to $7,190 per tonne.
