Copper futures traded 0.63 per cent lower at Rs 378.15 today as speculators cut down their positions at prevailing levels.
In futures trading at the Multi Commodity Exchange, copper for delivery in far-month June fell Rs 2.40, or 0.63 per cent, at Rs 378.15 per kg, in a business turnover of eight lots.
Similarly, the metal for delivery in April was down Rs 2.05, or 0.55 per cent, at Rs 374 per kg in 112 lots.
Analysts attributed the fall in copper futures to profit-booking by speculators who trimmed their positions at existing levels amid subdued demand at the domestic spot markets.
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