NEW DELHI, Sept 30: Copper prices fell by 0.67 per cent to Rs 476.95 per kg in futures trade today amid a weak overseas trend and subdued spot demand.
At the Multi Commodity Exchange, copper for delivery in far-month February was down by Rs 3.20, or 0.67 per cent, to Rs 476.95 per kg in business turnover of 72 lots.
Similarly, the metal for delivery in November traded lower by Rs 2.90 or 0.62 per cent, to Rs 467.15 per kg in 512 lots.
Analysts attributed the fall in copper futures to a weak global trend on concerns over a US budgetary impasse and subdued demand at domestic spot markets.
Meanwhile, copper for delivery in three months fell 0.60 per cent to trade at USD 7,254 a tonne at the London Metal Exchange, while the metal for delivery in December on the Shanghai Futures Exchange was little changed at 52,390 yuan (USD 8,546) a tonne. (PTI)
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