Copper marginally down on subdued demand

Copper futures for April traded lower by 40 paise, or 0.09%, to Rs 448.80 per kg in 1,190 lots.

At the Multi Commodity Exchange (MCX), the February contract shed 35 paise, or 0.08%, to Rs 443.65 per kg in 11,176 lots.

Prices dropped as speculators reduced positions, driven by sluggish spot demand.

Weak trend in overseas markets fuelled the downtrend in copper here.

On the London Metal Exchange (LME), copper fell less than 0.1% to $8,193 a tonne.