NEW DELHI, Sept 17: Tracking a weak trend at spot markets, copper prices fell by 0.34 per cent to Rs 429.25 per kg in futures trade today as speculators offloaded their positions ignoring a firming trend in base metals at the London Metal Exchange (LME).
Besides, profit-booking at existing levels weighed on metal prices.
At the Multi Commodity Exchange, copper for delivery in November fell by Rs 1.45, or 0.34 per cent, to Rs 429.25 per kg in a business turnover of 391 lots.
Besides subdued demand at domestic spot markets, profit-booking by speculators led to the fall in copper futures, analysts said.
Meanwhile, copper for delivery in three months climbed 0.4 per cent to USD 6,930.50 a tonne at the LME. (PTI)
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