Copper futures traded 0.49 per cent lower at Rs 383.25 today as speculators reduced their exposure at prevailing levels.
In futures trading at Multi Commodity Exchange, copper for delivery in April fell Rs 1.90, or 0.49 per cent, at Rs 383.25 per kg in a business turnover of 803 lots.
Similarly, the metal for delivery in far-month June was down Rs 1.80, or 0.46 per cent, at Rs 386.90 per kg in 12 lots.
Analysts attributed the fall in copper futures to profit-booking by speculators who scaled down their positions at the existing levels.
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