 "Copper down by 0.3% on weak global cues")
Copper futures fell 0.35% to Rs 432.45 per kg today as speculators trimmed positions amid a weak trend in global markets.
At the Multi Commodity Exchange, copper for delivery in November declined by Rs 1.50, or 0.35%, to Rs 432.45 per kg in a business turnover of eight lots.
The metal for delivery in August fell by Rs 1.25, or 0.29%, to Rs 423.80 per kg in a business volume of 161 lots.
Globally, copper for delivery in three-months traded 0.2% lower at $6,995 per tonne at the LME.
At the Multi Commodity Exchange, copper for delivery in November declined by Rs 1.50, or 0.35%, to Rs 432.45 per kg in a business turnover of eight lots.
The metal for delivery in August fell by Rs 1.25, or 0.29%, to Rs 423.80 per kg in a business volume of 161 lots.
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Analysts said a weakening trend in base metals at the London Metal Exchange (LME) on worse-than-expected manufacturing data from China, the biggest consumer, mainly put pressure on copper prices at futures trade here.
Globally, copper for delivery in three-months traded 0.2% lower at $6,995 per tonne at the LME.
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