 "Copper down on global cues")
Amid profit-booking by speculators and weak trend overseas, copper futures traded a shade lower today at Rs 454.25 per kg.
At the Multi Commodity Exchange, copper for delivery in April declined by 40 paise, or 0.09%, to Rs 454.25 per kg in business turnover of 21 lots.
Similarly, the metal for delivery in February fell by just 10 paise, or 0.02%, to Rs 451.10 per kg in 506 lots.
Meanwhile, copper for delivery in three-months traded 0.2% down at $7,180.25 per tonne at the LME.
At the Multi Commodity Exchange, copper for delivery in April declined by 40 paise, or 0.09%, to Rs 454.25 per kg in business turnover of 21 lots.
Similarly, the metal for delivery in February fell by just 10 paise, or 0.02%, to Rs 451.10 per kg in 506 lots.
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Analysts attributed the decline in copper prices at futures trade to profit-booking by speculators and metal's weakness at the London Metal Exchange (LME).
Meanwhile, copper for delivery in three-months traded 0.2% down at $7,180.25 per tonne at the LME.
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