Copper prices fell by 0.21 per cent to Rs 406.20 per kg in futures trading today as participants engaged in reducing their positions, tracking a weak trend at spot market on subdued demand.
At the Multi Commodity Exchange, copper for delivery in far-month April declined by 85 paise or 0.21 per cent to Rs 406.20 per kg in business turnover of four lots.
Likewise, the metal for delivery in February contracts eased by 55 paise, or 014 per cent to Rs 403.85 per kg in 383 lots.
Analysts attributed the fall in copper futures to sluggish demand at domestic spot market.
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