Copper weakens on profit-booking

Copper futures for April declined by 85 paise, or 0.19%, to Rs 442.70 per kg in 1,280 lots.

At the Multi Commodity Exchange MCX), the February contract traded lower by 75 paise, or 0.17%, to Rs 437.65 per kg in 18,003 lots.

Profit-booking by speculators and sluggish spot demand affected the trade.

However, a firming trend in the base metals at the London Metal Exchange capped the losses.

Meanwhile, the three-months' contract climbed 0.5% to $8,089 a metric tonne on the London Metal Exchange (LME) on optimism that demand will rise with manufacturing gains in China and the US, the world's biggest consumers of industrial metals.