Copper falls by 0.6% on overseas cues

Amid a weak trend in the global market and subdued domestic demand, copper prices fell 0.60% in futures trade today.

At the Multi Commodity Exchange, copper for delivery in August shed Rs 2, or 0.60%, to Rs 330.60 per kg, in a business turnover of 609 lots.

On similar lines, metal for delivery in far-month November was down by Rs 1.75, or 0.52%, to Rs 337 per kg in 14 lots.

Analysts attributed the fall in copper futures to weak global cues and low demand at the domestic spot markets.