Copper futures prices today declined by 0.14% to Rs 425.80 per kg after speculators booked profits amid weak cues from global markets amid slowing growth.
At the Multi Commodity Exchange, copper for delivery in August lost 60 paise, or 0.14%, to Rs 425.80 per kg, with a trading volume of 9,596 lots.
The metal for delivery in November also fell by 50 paise, or 0.12%, to trade at Rs 430.25 per kg, with a trading volume of 530 lots.
Analysts said the fall in copper futures prices was due to a weakening trend at the London Metal Exchange (LME) as this week's rally was seen by investors as excessive amid slowing growth in the US, Europe and China.
Meanwhile, three-month copper dropped as much as 0.9%, to USD 7,750 a tonne at the LME.
