Copper weakens over 1 per cent on global cues
At the Multi Commodity Exchange, copper for delivery in November traded lower by Rs 4.50, or 1.06 per cent, to Rs 419.55 per kg in a business turnover of 417 lots.
Market analysts said weak trend in base metals overseas, after factory and retail-sales data signalled further slowing in China, the world's biggest user, mainly influenced copper prices at futures trade here.
Meanwhile, copper for delivery in three months retreated 0.8 per cent to USD 6,780.75 a metric tonne on the London Metal Exchange, the lowest intra-day price since September 11.