Copper prices declined by 0.40% to Rs 353 per kg in futures trading today as speculators trimmed positions, tracking a weak trend in base metals overseas.
Further, subdued spot demand from consuming industries fuelled the downtrend.
At the Multi Commodity Exchange, copper for delivery in far-mlonth February moved down by Rs 1.40, or 0.40%, to Rs 353 per kg in a business turnover of 12 lots.
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Analysts attributed the fall in copper futures to weak trend in base metals at the London Metal Exchange (LME) after an official gauge showed China's factory activity at a three-year low, underscoring weakening demand in the world's biggest consumer.
Globally, copper for delivery in three months slipped 0.2% to $5,127 a metric tonne at the LME.