Copper futures marginally down on weak global cues

Copper futures traded 0.10 per cent lower at Rs 393.80 today on speculators reducing their positions amid weak global cues.

At Multi Commodity Exchange, copper for delivery in February fell 40 paise, or 0.10 per cent, at Rs 393.80 per kg, in a business turnover of 339 lots.

Analysts attributed the fall in copper futures to weak cues from global market amid concerns over US-China trade friction and the UK's plans to leave the European Union.

Meanwhile, copper used in power infrastructure and home appliances, slid 1.9 per cent on the London Metal Exchange.