NEW DELHI, Apr 11: Tracking a weak global trend, copper shed 0.27 per cent to Rs 409 per kg in futures trade today as speculators offloaded their positions.
At the Multi Commodity Exchange, copper for delivery in June fell Rs 1.10, or 0.27 per cent, to Rs 409 per kg in business turnover of 14 lots.
Similarly, the metal for delivery in April traded lower by 95 paise, or 0.23 per cent, to Rs 405.50 per kg in 223 lots.
Analysts attributed the fall in copper futures to weak global cues and subdued demand at domestic spot markets.
Meanwhile, copper fell 0.50 per cent to USD 6,625 a tonne on the London Metal Exchange. (PTI)
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