Copper prices moved down by 0.52 per cent to Rs 469.55 per kg in futures market today as speculators booked profits amid easing demand in the spot market.
However, a firm trend in global markets capped the fall.
At the Multi Commodity Exchange, copper for delivery in
August fell by Rs 2.45, or 0.52 per cent to Rs 469.55 per kg in business turnover of 48 lots.
Likewise, the metal for delivery in June shed Rs 2.35, or 0.50 per cent to Rs 465.50 per kg in 2,348 lots.
Market analysts said besides profit-booking by participants, fall in demand from consuming industries in the physical market led to decline in copper prices at futures trade.
Meanwhile, copper for delivery in three months rise 0.1 per cent to USD 6,889 a tonne on the London Metal Exchange with prices underpinned as the chance of a US-China trade war appeared to fade.
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