Copper prices fell by 0.88% in futures trade today as speculators offloaded positions after it slipped to over three-week low at the London Metal Exchange.

At the Multi Commodity Exchange, copper for delivery in February fell by Rs 3.65, or 0.88%, to Rs 411.85 per kg, with a turnover of 2,626 lots.

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Analysts attributed the fall in copper futures prices to a weakening global trend after a decision on a second bailout for Greece was postponed.

Meanwhile, copper for three-month delivery fell by 1.30% to over three-week low of $8,265 per tonne on the London Metal Exchange in early trade today.

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